InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,658.00
(
0.32%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.29
(
0.40%
)
Bitcoin
62,927.46
(
-0.19%
)
Post# of 483
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

dmbao

Send PM Follow Ignore
Followers 81
Posts 14425
Boards Moderated 0
Alias Born 08/22/2006

dmbao

Re: NORTH LAND post# 429

Saturday, 03/19/2011 10:50:39 AM

Saturday, March 19, 2011 10:50:39 AM

Post# of 483
If that information is accurate Mr. Seimens is the person who can make something happen here. Basically he would sell 50.1% of the shares to another party, typically not via a market sale but a private transaction. Then the new majority owner can elect their own officers and and do as they see fit with the shell. I suppose the could buy out other large shareholders as well.

So whether something is going to happen here or not remains a mystery.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up