InvestorsHub Logo
Followers 0
Posts 123
Boards Moderated 0
Alias Born 08/28/2009

Re: doubleg post# 42566

Monday, 11/30/2009 12:37:20 PM

Monday, November 30, 2009 12:37:20 PM

Post# of 56273
If Dennis were to flood the market with the release of buy-back shares a few days before the legend lifts under Rule #144---you realize all these 1:1 dividends plus our already existing shares could drop to virtually nothing, right?

By announcing a plan of divvy shares, he gets to regain control over the shareholder's time-frame while reducing the float. Keep in mind that "float" is a tricky word in this situation for there are wild cards (shares) Dennis controls and we can't possibly anticipate an outcome benefiting us.

On the surface we get his promises for our greater risk.