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Thursday, February 10, 2011 7:29:12 PM
YOUR QUOTE....People will scream they have a fiduciary duty to the share holders... That duty was full filled when they took over DMD.
My view....... they took over a ompany that did not exist 4 days prior to taking it over and paid cash and shares for it and then raised their A/S to 5 billion. Seems kind of fishy dont you think as i could do all that in the state I lived in for under 500.00.
Now if they really wanted get investors interested in their company at that time again if it were me it would of went something like this. We have hired one of the most dynamic salespersons in the industry that we feel will increase our bottom line by x amount of dollars and because of this we are creating a new company to service these sales which will be apart of the corporation yada yada yada......So anyway if you have taken up another position in this well good luck and I hope you make some serious cash and hey as far as continueing to post that your decision I for one enjoyed reading your post but only wish you had not been proven wrong.
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