InvestorsHub Logo
Followers 0
Posts 12848
Boards Moderated 0
Alias Born 08/03/2006

Re: Heraclitus post# 14587

Friday, 04/30/2010 11:49:53 AM

Friday, April 30, 2010 11:49:53 AM

Post# of 42997
Its a long story but Smart Win does NOT have those shares. They were returned to Malcolm and they are in Malcolms possession and are eligible for the Rights offering. I don't know where you got your information from.
The sale of the drill rig by Michael Roberts was an illegal transaction and the stock was returned prior to the December 18th 2008 deadline. It was either that or some people were going to jail.
Oh! and may I add that Malcolm did exercise his first round option in the entire amount.

This is only my opinion!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.