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Alias Born | 10/19/2007 |
Thursday, March 27, 2008 12:25:07 PM
I was thinking, which is an LOL in an of itself, but it really would be so much more to his own benefit if he started doing shell deals like JPCI, rather then some of the recent ones I won't mention. Say we do a 1 for 5 or 6 reverse split, which reduces his ownership to around 8 or 10 million shares, but he finds a real, established, growing company with incredible potential for growth, and he simply passes this shell on to the new company with a nice percentage of ownership in said new company for himself. With his knowledge and skills, he could make tens of millions of dollars in each of these shells, rather then dumping them off to anyone and everyone for 100k each. The only thing he'd have to do is probably get the paperwork in order and bring some of these to reporting status again, but it would be worth it long term if he had the companies to merge with. Plus it looks a lot better merging with real, successful companies, an if you do good, good comes back to you sort of thing. I would be ok with no reverse split as well as long as this gets up to the .85 cent range. lol Keeping the forum alive here! lol
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