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Re: abc123otc post# 62264

Wednesday, 05/23/2012 4:20:44 PM

Wednesday, May 23, 2012 4:20:44 PM

Post# of 111653
My point is this: The fact he released via PR today the he was decreasing the A/S to 2.8 billion is completely irrelevent in the grand scheme of things....well that depends on what the scheme is. He can, at any time he wishes, increase the A/S to whatever number he desires.

Mark has stated he increased the SS in March to have leverage for aquisitions or other uses if necessary. Now, why would he decide to reduce it at the demand of shareholders other than for the purpose of increasing the current short term share price. If St. James sold a film, what's mikp cut of the deal? Now, if he sold White Space and the cut is substaintial, maybe todays PR makes sense....but I doubt it. Like I said...Play the pump, but make sure you are out of the game when the music stops.
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