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Re: daggfish post# 39834

Wednesday, 05/05/2010 7:15:53 PM

Wednesday, May 05, 2010 7:15:53 PM

Post# of 233828
Ken main goal is to do what is in the best interest of shareholders, and spending 300k on a shell to simply put one property under it while the main, parent company is still on the pink sheets would not be in the best interest of the shareholders IMO.

That is alot of money to spend on only uplisting one property. Even if we get shares in the new company, which I expect, I don't see how that could be better than taking the full company and merging that into the Shell instead. We don't need a spin off with one property to be transparent, we need the parent company to be transparent.

Also if we do a spin off, we don't need another shell to get us on the otc/bbs or "protect" the property. We can simply uplist stright to the otc/bbs as long as we file the proper papers with the SEC.

I have no doubt that Ken is going to do what ever is in the best interest of the shareholders, I just don't believe hes going to spin that kind of money on a spin off with only one property.



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