ISN'T THAT A LOVELY phrase .........'unlocking shareholder value'
Both companies are doing it. That is what it is all about. It's heart warming to know that there are still some considerate CEO's in this turbulent, manipulative bent, world.
As you read through the full 'bumf' your eyes may alight, like mine did, upon an interesting bit about the PR7 chain of convenience stores which are majority owned by Prime Time. It mentions that their future will be decided by BOTH companies. Both companies?
How would we be concerned by what Prime Time owns? Ah, but Prime Time is also 'changing direction' and going in for a name change.
And, changing its board.
From this it appears that FFGO are to be paid either wholly, or partly in shares of Prime Time. And if FFGO is going to be determining the future of Prime time's convenience store chain, and retaining an interest in the mines it's unloading, then it is likely that some members of Lumbs team (perhaps himself) will be on the new board of Prime Time (under its new name no doubt).
Well, it seems they are both worthy bedfellows - birds of a feather nest together.
There is something that sticks in my mind like those warnings such as 'beware of Greeks bearing gifts' and that is - 'Beware of companies which change their names' especially 'pinky pennies'.
So, you guys holding hundreds of thousands of shares, don't start
looking at yachts yet. Not only can you not make a silk purse out of a sows ear, you can't make a decent company out of two 'shi*y' ones.
The only thing on our side is - it can't really get much worse.
And that its price doesn't have to go over .02 to double its value.
At these prices you have to hold a lot of shares for it to be worth anything, and if the volume is not there, you can't trade them to make a profit. On the top of this you have the large percentage gap beteween bid and ask.
