CSG Inc. (fka CYSG)

[thelimeyone]

Bad, bad, bad idea.
The stigma is such that within days/hours even price will be back to 0.0001 again. In addition to acheiving absolutely nothing he will destroy his shareholder base & those within the Co who also hold share. Then he will be forced to lay all his cards on the table & even though good news, the damage will already be done.

#1
How many shares does Nic & Co. control?. If collectively they have plenty they should convert their existing shares to newly created preferred shares that have voting rights but no conversion back to common. The commons that he formerly owned to be retired. That will reduce AS but he still retains control.

#2
Very low key announcement for resumption of trading. Minimal announcements but enough to retain within SEC parameters. Without fuss starts buying back shares on a gradual basis. Even @ 1 cent he can purchase 2B shares with $20M. The shares he buys back are retired also & the shareprice is supported all the way through as AS comes down to a respectable figure.

#3
Long term, i.e. after 2 years he can think about going to a higher exchange & doing a 10:1, when & only when the price will support it, not before. In a case like that a R/S will be supported & be positive. If he is very PATIENT he can acheive this & retain a huge loyal shareholder base.

p.s. don't know if he has to cancel those existing shares rather than convert & create new preferred's but I am sure he can figure that all out.

tlo.