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Re: eelfland post# 15618

Monday, 06/03/2013 3:16:17 PM

Monday, June 03, 2013 3:16:17 PM

Post# of 31299

Shell games like KATX and BVIG. That was a disguised 1 for 3 RS, with a long delay, during which time KATX was diluted to hell, and KATX shareholders held on, wanting that "spinoff," which turned out not to be worth shit, by the time it could be sold.

Just wanted to quote that paragraph right there, because it sums up what happened. Like what was said, there's no mystery here. They made money by selling shares in two companies. That's it, it's not rocket science.
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