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overachiever

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overachiever

Re: TigerTrader83 post# 134407

Friday, 07/10/2009 12:10:51 PM

Friday, July 10, 2009 12:10:51 PM

Post# of 346917
What makes you think the current holders of this hypothetical Nasdaq company would be willing to give you one $1.00 share of stock for every 10 cent share you currently hold in this trading shell? That would be a very foolish thing for them to do, wouldn't it?

Don't forget what I just explained about Metter and Moskowitz's relatively small position in common stock here.


If it happened, and say our stock was at .10 and we merged into a company that was $1.00 we would get 1 share of the new company for 10 of SPNG, we still would hold the same value. If that is what it takes to get off this horrible manipulated board (OTC) I am "hopefully anticipating" it

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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