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Alias Born | 12/10/2007 |
Thursday, October 15, 2009 7:09:01 PM
I am sad that this co. is ran by not smart executives.
I mean they could have announced blind merger agreement and not disclose the detail such as 1 to 30 shares, etc. Currently CVRG is trading around .03 so this makes SPMC only worth .001 at most.
We don't know whether our shares will be restricted or not but most likely it will be. Hence, there is no benefits to SPMC shareholders.
SPMC owns Eagle Nest Mines at this point so they should choose the language more wisely IMO.
My only hope is that SPMC will become a shell and we'll still own our original shares on SPMC after these morons leave the corporation.
But it sounds like they are going to put SPMC in the trash can after they let SPMC merge with CVRG.
Any thought?
I'm still holding and I don't wanna sell at this cheap PPS.
But I might have to write this POS off and move on to another runners.
So stupid is my honest opinion.
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