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Re: az_maverick post# 86487

Friday, 11/02/2007 2:46:45 PM

Friday, November 02, 2007 2:46:45 PM

Post# of 247064
Of course he's not going to run off, that's just silly, but think about that for a moment.

He owns most of the whole shebang now, could own even more...that's why I call the minority common shareholders a really minor minority...how much does he really care about them?

Look at those Series C's. Guaranteed liquidity preference of $4, Series B guaranteed liquidity of $1, How's a minority common holder ever going to see any profits unless he sells the stock?

That's what makes this a play, not an investment, as far as I'm concerned.