Reposted: From: Paul Taylor [Ptaylor07@adelphia.net] Sent: Monday, November 14, 2005 12:41 PM To: 'Rodrigo Calderon A.' Subject: FW: a dish served cold
Subject: a dish served cold Ok , follow me here Corey wants paper – but not control So here’s the plan. 12,795,410 -- issued and out now 2 sets of old preferred that my clients own = 61,000,000 shares today Therefore – 73,795,000 ( None of the new common can be sold – its all still 144) One more swift ATM – say 10% / 2 --- 3.68M + 3.68M Now its @ 81,174, 951 Now we ‘extinguish” the debs with say 50,000,000 shares – 144 Let Corey worry about opinions THEN !!! SUDDENLY The Preferred shareholders REVOLT !!! They resign – all of them They surrender the 61,000,000 new 144 they got and shred them Oh oh – now Coreys 50,000,000 controls the deal … Does that work for you ? -- Paul Taylor ptaylor07@adelphia.net
Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.
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