Terrific.....something new to not understand.
"to repurchase all or any portion of the 267,154,132 shares issued that RM Enterprises International had purchased from us since January 1, 2008 at the original price paid by RM Enterprises International to us for such shares, or an aggregate of $4,918,432.46 for all of such shares"
1. Is it safe to assume that far less than 267,000,000 SPNG common shares are in the hands of RME today, given that the filings made in October showed that they only held 66,000,000 as of 9/28/09?
2. Based on the filing, the average pps for the shares in question was $.0184. If you were the principals of RME would you sell your shares back to SPNG at a price less than half that of the current market price? In this specific instance, can the directors of SPNG be reasonably expected to act in the best interests of and maintain their fiduciary duty to the shareholders of SPNG?
3. Why won't the voices in my head go away?