Now this is the best one Ketner has done yet. Mastoloni had to write Kelyniam a
check for $10k to sit at the table, and agree to give Kelyniam his 10 Year old
company, M2-Systems for $1.000 in return for a locked up stock compensation
package of 560,000 shares.
Ask yourself again. Would Mastoloni give up M2-Systems for a total of 690,000
shares of Kelyniam stock, of which 560,000 shares are locked up over the next 5
years with a maximum ability to sell 112,000 per year, and if his employment is
terminated the balance is forfeited if he didn't a) plan on staying with the
company for the next 5 years, b) believe the stock was going to be much higher
in the near future? Come on!!! Tell me Mastoloni gave up M2-Systems for
$234,000 (closing price of .34) for the entire stock package.
Ketner is a dam Genius. Could he put the writing on the wall anymore clearly?
And Lastly
Look at Ketner's resale restriction. Just jump to the 7 million shares that can only be used for acquisitions and financing.
What does this mean?
Ketner retired 500k shares on 6/25/08. That means the 7m lockup is now 6.5m.
So out of the 9.5 million O/S, 6.5 million is locked up leaving 2 million
shares. One could say that the market cap on this stock is really only $680,000
right now
This stock will always trade at a very high multiple because of this.
Again, show me another OTC.BB were the CEO has the shareholders protected like
this.
I'm waiting.
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