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Alias Born | 01/21/2006 |
Wednesday, August 22, 2007 8:51:10 AM
While in the process of completing a "deal" to buy-out BKMP shareholders, SW dumped billions of shares onto the market diluting shareholder interests by more than 2.5 fold.....and in order to complete the dilution....he used pump and dump tactics with PRs and Interviews on Traders Nation...many many here were excited about a buy-out deal with any hint of a suggestion that this would be a windfall for shareholders.
This just after making an incredibly huge mess of "rewarding" shareholders with trillions of preferred shares...yet they can only be rewarded if they are willing to pay an additional 150 dollars for every billion preferred they convert to restricted common shares.
Now it is suggested (leaked) that instead of a true structured "buy-out" some new investor or investment group is willing to buy into TFN somehow resulting in a more than 3 fold reduction in the stake held by BKMP (and supposedly BKMP shareholders)....
Of course we should all believe that all those funds are going to go to TFN and SW will see nigh a nickle for his percent ownership in TFN via BKMP correct????
Yeah I am pizzed....every shareholder on here should be screaming FRAUD at the top of their key boards!
Do you feel rewarded yet?? Of course he has always kept shareholder interest as his first priority! Yeah right!
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