Monday, April 02, 2012 8:53:27 PM
What about the possibility of them issuing the additional 1.5.. and yes using some for payments, but mostly keeping the share count high so a buyout is not possible.. someone stated that there are 1.4billion shares on the market.. with 2.5billion A/S that makes 1.275billion the amount someone would have to own to have 51% of the company...
Is it possible to cancel Authorized Shares, or retire them or anything like that?
I ask only for the following thought...
because if they are buying back shares between Brad, Cory, Jeremy, and as of the bonus shares they have 473,811,243 shares total.. and someone earlier mentioned 1.4 billion shares total on the market as of now, that means they will only have to have about 750million shares total between the three of them as of the 1.4billion on the market.. which leaves them to purchase about 277million shares..
With 546 shares outstanding, if they purchased the required 277
This would leave 269million shares outstanding(under this train of thought canceling the excess up to 2.5billion), these guys owning 51% of the company with no need for Series B Preferred shares, and operating from a fully sustainable cash flow business....
Here are 2 sentences from the quote that made my brain conjure this up...
^^^^^ this leads me to believe there will be no more issuing of shares to cover costs.. am i wrong?
I am mainly interested in the second quote when it says "plan to re-capitalize MusclePharm" and "strengthen its balance sheet"
that also leads me to believe that it lead them to a positive financial, and that got leaked somehow and thats why we saw the spike on no news..
all my opinion ofcourse
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