CBA Florida Inc. (fka CBAI)

[MrLong]

Well, many schools of thought regarding an r/s. Each deal is different and intent can have a pos/neg connotation. Some view it as a posible loss... It's definitely worth further discussion.

Problem one is CBAI.OB has a history of dilution. Whatever the reasons it exists. Another big problem that you have not mentioned lies in the A/S. If it remains the same, then he essentially dilutes in an R/S. That is where trust and credibility work for or against the company and its CEO. Thoughts?

Operational costs and some recent expansion required him to almost max out the A/S today. How does he sell reassurances to shareholders (new & old) a similar hand won't be dealt to them in an uplisting with reg investors and strategic investors?

Another issue. If this road is paved in hundreds of millions why not take profits and give the shareholders back their principle and interest and the maximum value you can give by avoiding the R/S? Paydown debt with cash and retire shares and fix the O/S problem while again, rewarding shareholders. The R/S snapshot could be interpreted as a sellout just when the company turns a profit. If shareholders are valued then how does he reconcile the past longs with an image of a brighter future in the R/S with the same A/S structure and the investors who didn't take money out of the till not getting a full reward?

Locks seems pretty adamant Matt would never do an R/S yet you see it differently. How does Matt reconcile the opposing views? Paydown debt with profits is by far the slowest but best solution if he is concerned about shareholder rewards. Am I not seeing it correctly?