InvestorsHub Logo
Followers 24
Posts 2194
Boards Moderated 1
Alias Born 09/02/2001

Re: DAVE_007 post# 11864

Monday, 05/31/2004 8:04:48 PM

Monday, May 31, 2004 8:04:48 PM

Post# of 358440
ddfridd_007

Well what I keep asking myself , if Casavant has the money to buy all these shares back , then why did he take on joint veture partners ? Casavant gave up total claim ownership through joint ventures with the other companies , on claims that some say are worth billions and billions of dollars . For the amount of funds that CMKX will receive from the joint ventures , it would seem to me that he received peanuts for claim percentages that Sterling and others are trying to make people believe are worth many billions of dollars. Myself I would have kept the claim ownership to myself since they're suppose to be worth billions , before I would have supposedly been buying back shares and losing percentage ownership of the claims. Something just doesn't add up with that theory , just doesn't seem like good business decisions to me.

trade15

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.