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Friday, July 30, 2010 5:12:36 PM
We do it every day with our credit cards. We buy something today and pay for it tomorrow.
Mark buys back say 500,000,000 shares of stock at .0001 which equates to: $50,000,000. He then makes an affirmative announcement that there will be no RS split plus some good news of any kind.
The stock goes up. If Mark needs money, Mark will then sell at the higher end of the spectrum with the 50,000,000 worth of stock he bought deferred.
If the stock goes to .001, it will now be worth $500,000 to Mark so in essence (at least for the short term), he gains $450,000 dollars for his adventures without having to even raise the cap. Plus if he raises the cap he will even have all of those shares to sell.
Only thing here is time is of the essence and that is why Mark will make the announcement on Monday.
Let's see if it plays out that way. I believe this is what a smart CEO should do.
MIKP is not far enough along to RS split to gain larger investors because they don't have that much to offer at this point. Also, Mark's credibility would be lost if a RS split takes place.
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