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Re: tikasun post# 12835

Friday, 12/23/2011 3:32:52 PM

Friday, December 23, 2011 3:32:52 PM

Post# of 74539
Tikasun:

Think of it this way. You are a criminal and the CEO of Alpha Company. Your only income is your company salary, which is paid by selling company shares. After 4-5 years, you have sold all your shares. What are you going to do?

One possibility is to buy them all back. So, you do a reverse to bring the shares down from say 800 million to 800,000. However, the PPS has correspondingly rose so you need to push it back down. So, you issue some PR indicating that the comapny might file BK. The price falls to almost nothing and you can buy back most the shares.

Then, you change the name of the company and issue some new PR about some great deal. The price goes up and you can sell shares, pay yourself a nice salary again.

If you don't think this is possible, do your own DD on Global Wataire and decide for yourself.

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