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Re: Jim Jones post# 14035

Saturday, 03/20/2010 2:21:07 PM

Saturday, March 20, 2010 2:21:07 PM

Post# of 35503
If the price paid for a buyout is $0.01 per share, how do we know that each shareholder is actually getting $0.01 per share?

Perhaps that's simply a figure used to calculate the PRICE of the buyout, but the money is going somewhere else. Perhaps the the CEO and officers or maybe the company's creditors get all of the money, or they get most of the money and just a small amount gets split among the commons - perhaps $0.001 per share.

I don't see anywhere in the PRs where it actually says that WE, the commons, get the money. How do we know?

I'm not a basher but would like to know before I re-invest in this (.0011 is starting to look attractive).