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Re: None

Wednesday, 10/08/2008 10:58:00 AM

Wednesday, October 08, 2008 10:58:00 AM

Post# of 7338
I have a question for specialist something stupid but I would like to know other opinion .

The company have 500M A/S & 38M O/S .

If the price go to 0.0001 and you buy over 38M shares over ,you still no where I mean you can not take ownership of the company due of the A/S 500M they still own 462M shares and still keep the largest% in the company .

I am correct ?

If yes this A/S raise is most probably a anti takeover system .

And the reason they dont post news could be very simple .

If they did that to sell more shares and dilute the O/S was already long time very higher than 38M .

I think possible that first the company raised the A/S to prevent anyone to be able to get the majority of the shares in the company and so take the business over .

And they dont post PR and let the price go deeper and deeper to let them be able to make a buy back of all shares for very cheaper .

Should this company be looking to move out the public market and become 100% private that is the best way to do it .

When the price will reach 0.001 they will buy back most of the shares for very cheap and be able to take back 100% ownership of the company for very less money .

That is an idea like another .

Sorry for my poor english .

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