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Re: money-maker post# 84885

Friday, 05/24/2024 4:46:21 PM

Friday, May 24, 2024 4:46:21 PM

Post# of 86826
2/17/24--John Park wrote--

The $SPZI formation docs state that a R/S requires a shareholder vote. Yes, board would win that vote, but a vote must be had. With that, even calling a vote would kill the company as investors would leave and never come back.


So a R/S >>is<< entirely possible and Park alone can do it. Why does he care if old bagholders get wiped out? That's the whole point! Get rid of all the deadwood and start over.

The company issued and sold virtually every share long before Park showed up. That money is G-O-N-E...blown or stolen. The only reason a company goes public is to raise money by issuing and selling shares!

IMO a R/S is the only option. Wait and see.
Bearish
Bearish

Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.