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Re: DetTiger post# 104179

Sunday, 06/15/2008 7:45:46 PM

Sunday, June 15, 2008 7:45:46 PM

Post# of 157299
So what are you saying Tiger? That they're going to have 800 million shares authorized? Is that a new law where they can just add what's previously authorized to what will be authorized, instead of the old way where the new amount absorbs the old? I'm not up on all the new Sarbanes Oxley stuff or Fasby or whatever it's called, so please excuse my ignorance.

I assume a sophisticated, world class investor such as yourself has already asked the company if they were staying in Delaware, and I assume they told you no, they were registering in Florida. That would be the only way 500 million authorized shares for a company incorporated in Florida would matter. You had that covered, right?

And then I know you just had to finish that article in the Economist before you even considered that changes in authorized shares for public companies have to be put to a shareholder vote.

This is the "smart" message board, isn't it?






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