A RS is only distressing to those who don't own any preferred. You need to own preferred that converts into COMMON, at a higher price in order to get rid of the naysayers at this price which gets rid of after the split, so that you can sell your COMMON, through a managed underwriting. It about selling COMMON shares through a managed underwriting, and picking the shareholders you want to keep. The RS gets rid of the shareholders the company does not want to keep by eliminating their positions, unless they want to buy it at $3.00 per share or less, after the split, which is too rich for their blood. If you don't own the preferred, then you are done!! Your 2 cent price is finished, pack it in, the Trust has won, the naysayers have been defeated here. Notice LONGS, that some of our friend were saying not to long ago, CDFT will never make the AMEX, now they are saying.......well, if they make the AMEX, the longs are not going along for the ride, the next one is .......the were not clear enough in their Pr's about the nature of these Convertible Preferred.
As far as the other companies are concerned, whatever the trust is doing is certainly an improvement from the stock promoters, pumpers and CEO's that have cratered these companies to where they are today. Anything he trust does will be an improvement from the mountains of convertible debt, failed stock promos, illegal 504 distributions, and mismanagement that has gone on.....these guys are providing solutions and most companies right now have no options. Stock promotion and the newsletter writers are being targeted by the regulators and they have proven to be charlatans. All I know is look at CDFT.....their record speaks for itself
(1) CDFT is completely debt free, NO CONVERTIBLE DEBT!!
(2) management issues itself $90,000 per quarter in divvys
(3) the company has over $3 Million in Audited Assets
(4) growing business that does $450,000 per year
(5) CEO does not sell stock
(6) NO PROMOTION, NO IR / PR, NO NEWSLETTER WRITERS
(7) CDFT communicates with its stockholders regularly
(8) CDFT retired all of management's compensation securities
(9) CDFT issues Convertible Pref Shres to protect us
(10) CDFT already meets with NYSE Alter Next
(11) CDFT business consulting services fees are increasing
(12) CDFT meets SEC Corporate Finance & Investment Management criteria, by hiring Doty Scott Enterprises
(13) CDFT replaces wife on the Board with a real Board
(14) CDFT mails out preferred certificates and make themselves available for conference calls
(15) CDFT brings on 2 MODS to join Advisory Board
(16) CDFT pursues a registration of our COMMON shares when we convert our preferred to common, post split or acquisition.
(17) CDFT is the only company on any IHUB BOARD, where the majority of posters can't wait for the RS.
(18) CDFT investors are the most educated about where the company is going, and can reach a representative or the Advisory Board Members at a moments notice.
(19) CDFT is committed to paying us dividends on the D Class of securities; we have no reason to doubt that because CDFT allows pays dividends to the A & C.....IT'S IN THE EDGAR FILINGS.
(20) CDFT has done everything it said it was going to do, including the impending retirement of Gary's securities on May 13th
The TRUST and Gary made this all happen. After the RS we are all looking at the naysayers in our rear view mirror. NEXT we will converting our preferred to COMMON to reconstitute the Issued Capital, and CDFT will register our COMMON, so that we can sell our COMMON in a underwriting. Some of us will not be around for that.
