Monday, January 25, 2010 3:31:57 PM
YA Global 'is doing just what they want. Rape, pillage...' for now. There will be a time when the company does not need financing. Then, we will rest at the OS levels. What that will look like is questionable.
I firmly believe that if YA Global ever sabotaged the company like you say, and then go ahead and sell the IP, that the LONG shareholders that bought in before this latest financing will have a huge lawsuit against YA, and will probably take that company for everything its worth. And with the class action will come criminal suits. It will uncover massive fraud.
Like I said previously, I don't know what will be left in the end in terms of shareholder value.... but I do believe the company will be successful to some degree, if not massively successful, and I also believe the company will not be driven into bankruptcy and closed.
If we can't apply for listing on Nasdaq NOW, or for at least 4 years.... can institutional investors invest IN otcbb stocks, if the PPS is above $5.00 a share?
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