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Re: Threeflight post# 50167

Wednesday, 06/27/2012 1:12:41 AM

Wednesday, June 27, 2012 1:12:41 AM

Post# of 77519
Three let me put it this way.
If you owe me 10 thousand bucks and we are good friends..
Actually let say I run your books for your firm. OK
And there is no way to dispute the fact that you owe me
10K back pay.
And you come to me and say hey pilot I want to trade you
your pay for stock.. Now either I am dumb as a rock or I know
for a fact that stock is going to produce more than 10k in the future.
Not only that I could of taken the 10k cash and bought on the market today..twice as many shares because you said I had to pretend the shares you were trading for my 10k back pay were actually worth .02 not the .01 it was trading at today.
Well Three I would personally tell you
give me my cash. Or I know something important.. Now lets say
for you argument of the Reverse Split you are sure is in the making.
Why would I take shares at twice the market today only to see you
take them back in a RS. now I know for a fact the CFO of this firm is not a stupid. I know she is smart. I know this not by her efforts here but here previous employment with a world know leader in the accounting and numbers. Deloitte and Touche.
So where is your logic..
To me your contention for a RS is pure smoke. Now that is about
as far as I am willing to take it.. Reason is because your not a dumb person for sure either. so time will tell..
Pilot

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