InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,346.63
(
0.16%
)
Post# of 7895
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

mikey1

Send PM Follow Ignore
Followers 4
Posts 167
Boards Moderated 0
Alias Born 01/02/2008

mikey1

Re: None

Thursday, 08/16/2012 3:03:58 PM

Thursday, August 16, 2012 3:03:58 PM

Post# of 7895
I appreciate your position however, ask yourself this question: He already controls over 75% (my Guess) of the outstanding shares. Why would he need to buy any here? His arrangement with the company for "Royalties" bleeds the company dry. If that arrangement were cancelled, we would not require the financing to build the new plant. It could be done with the internal funds. Right now, this is his own private poker game . He occupies all the seats at the table and is the dealer.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up