Cartel Blue Inc (CRTL)

[Pennimon]

Dog:Hobeau's reply to you on the sgls board regarding whether or not the preferreds have been converted. Hobeau sayz NO.

He is only wondering if his divvy shares (preferred) are subject to RS, which he answers in the next post after this one:

Posted by: Hobeau96 Date: Monday, December 29, 2008 2:15:57 PM
In reply to: Doghouse who wrote msg# 2806 Post # of 2828

Doghouse:




I received shares and they are prefered 110 to 1 shares. I am trying to find out because they were a dividend if they would be subject to an R/S


Good Luck to All!
....................

- I'm thinkin that this is the issue Peter must address before performing any kind of RS. If the preferred are not subject to RS (why should they be) the RS cannot be happen before conversion for obvious reasons. This is one of the main reasons I gambled on rvgd with impending RS.

It remains to be seen whether I have indeed made a wrong assumption or bad gamble. I also suspect that this is an issue that will be addressed in the share structure pr Peter is gonna release after the debut.

If the share structure stays the same till preferred converted, Peter SHOULD be dropping value into the company by way of sales numbers.

Sounds like he just might have to increase shareholder value the old fashioned way! LOL. For a few months anyhow?