Sunday, December 26, 2010 9:34:20 AM
Hopefully the future of Wanderport is "secure" but you never know. This stock isn't selling for a nickel for no reason. While security in a stock is highly desirable, so is shareholder value. I would think the 430M shares held by Robert reflect the circumstances when the stock was selling under a penny. Now that the stock has moved up perhaps a further review of outstanding numbers is called for to make them more realistic and enhance stockholder value. Personally I would like to see, since he apparently has confidence in the company, Robert voluntarily reduce his number of shares to 30M and agree to not sell in any quarter where the price on the first day of the quarter is less than that on the 1st day of the preceeding quarter, and also not sell more than 5% in any quarter. Would also like to see the A/S shares reduced to 300M. I would think a reduction like that would have a POSITIVE INFLUENCE on the current and future stock price and really show some confidence in the company. At 5c pps the current 430M shares are worth $21.5M today, but if a big cut in O/S and A/S takes this baby to $1.00 his stock would then be worth $30M. Actually I doubt he even needs any stock since if this product actually gets to market and sells he will have more money then he knows what to do with anyway.
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