LOl...my last irrelivant posting got deteled in approx 3seconds...lol...Ok, well this may be more relivant if I may...I posted this on the HGLC board today but did not get any good answers, aside from the usual discection of words, lines, etc...The main point was indeed missed, but let me provide my posting to ask you directly, wheather my imagination is completely off base, you can respond with a hot or cold answer if ya want...even a wayyy cold if it is out there....
From HGLC board:
"Question for the board? If lumb's crew has absorbed approx 90billion shares?, giving them about over a quarter of stockownership over HGLC...my question is...Say the hypothetical scenario presents itself that Lumb buys 100% of HGLC and everything goes as planned...Then, does he not have the power at that point to erase as many shares as he wants (ie. reduced the 300??billion shares number to virtually nothing), hence recreating the value to HGLC from not oweing anything to anyone, but only benifiting himself and his 'equity company'What if he sees that this float is so low that there will virtually be no drop in pps once he takes over, as he already gave 50 million to FFGO to absorb any dropped stocks....Now, if he 'knows something' that 'we' or 'current management' have failed to cough up (ie. current asset valuation of ALL the mining assets related to CURRENT gold prices)...THEN, he could be potentially be pushing for a HUGE profit from pulling this deal off. And 'we' would not be screwed at all, since we have had plenty of time to marinate this whole deal and get in early enough to make a HUGE profit from the buyout...I could be completely wrong, so wanted to throw this out there to get FEEDBACK...And if, he does take to share structure and reduce it, then the market cap 'currently after the buyout' would be irrelivant, since it would be a new company starting from 'scratch'...Hear me out here, now what if this guy has been planning this move for years and his sole objective is to 'take over these assets...He is chasing the same assets that were in his grasp years ago, but at that time there was a HUGE mess of dividends, and such so it did not materialize, NOW, from a business perspective, HGLC assets are ripe for the taking so to speak and he would not do it unless his interests came 1st (which is to make money) even over our interest (we miss out on the HUGE money later, but benifit from the current rise by riding his coattails)...This is all just a guess, and out in left field possibly, but if so, this play is genius in the making...I dont think this one is a scam because 'his' fingerprints are all over the place...jUST me pondering as my account gets bigger. Cheers!"
-Preet
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