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Seahag

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Seahag

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Re: None

Thursday, 03/15/2001 11:01:02 PM

Thursday, March 15, 2001 11:01:02 PM

Post# of 15369
I spoke with my broker this afternoon and according to him, it would be legal to issue the additional shares to the debenture holders as long as they were issued from the pool of shares that were already set aside for that purpose and not from the pool of shares that were to be freely traded. As I understood his definition of a PONZI scheme it would not apply, IMO, in this situation. SH

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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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