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Thursday, July 29, 2010 5:45:36 PM
Here it is.
My support of a NO RS split for MIKP was based on the following:
MIKP made all of these claims and really cannot justify a RS split
1, There are too many toxic PINR shares. This is an illusion created by Mark as an excuse for a RS to screw the shareholders.
2, Mark made claims that Servenation was such a good thing and had all of these revenue projections. Where is all the revenue?
3, Mark made comments about how good their initial MMA event went and the money made from it.
4, Mark has been raving about their strides in the film industry.
Bottom line: If Mark goes for the reverse stock split it was only brought about by him (and not toxic PINR shares) as he let RS enter his vocabulary.
I told Mark to announce a NO RS split (and buy back shares) and watch his stock go back up. That was the only reason it went down in the first place as he let it become a possibility in his thinking.
By the way: Mark never got back to me on either of my emails or my phone msg.. The same day I left a msg. (via his website)was when I was that article concerning a decison by MIKP would be coming in the next few day(s).
P.S.
June 2010 - They are trying to get someone else aboard on the Servenation idea. (probably for funding).
+
all of these countless other claims should only spell one thing (providing that Mark is not a crook). No reverse stock split.
If he does, (go ahead with his RS) his business plan will fail because everyone will know he is a crook and the old adage (what goes around comes around will hit him between the eyeballs.
His claim also that he makes decisions based on the best interest of the share holders will hold no ground and everyone will know how big a liar he really is.
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