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Re: steelerswheels post# 2388

Monday, 04/19/2010 7:49:09 PM

Monday, April 19, 2010 7:49:09 PM

Post# of 3831
Two thoughts

1. Tony probably has to find accountants who will work for company stock.

2. Would you want to "sign off" on anything Tony is a part of?


Not to mention challenges of Tony occupying all the officers chairs at times, "ratchet down" clauses for convertible debt holders, "fully diluted" deals for insiders, bogus letters of intent, announcing huge future revenues based on orders on hand when there are no orders on hand, failure to file timely SEC filings, and things like immune from reverse splits, and a class B share that gets 2000 class A share votes, with class B shares being controlled by insiders.

And if you have to deal with all that for company stock that is swirling down the toilet at an alarming rate, well sometimes its just a bit too much. Maybe if Tony made their stock immune from reverse splits.


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