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Re: soupoftheday post# 13968

Tuesday, 01/27/2009 4:15:49 PM

Tuesday, January 27, 2009 4:15:49 PM

Post# of 41474
soup - looks like a 1:1000 reverse split will be needed right after the so-called preferred share conversion.

What will mikie do if those numerous Florida liens against the company are certified as federal liens?

Do you think this is why Mikie rolled that other Florida corporation into the delaware one.....to make it harder for lienholders to claim Florida assets of the company?

Pagnano is known for not paying obligations, so I doubt the little fuzie company will extend him any credit. I see that almost anyone can try to be a distributor of that stuff. With mikies marketing track record, I fully expect that venture to generate about 1/10th of 1% of what he projects.
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