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Re: choppers post# 19266

Friday, 06/07/2013 8:23:32 AM

Friday, June 07, 2013 8:23:32 AM

Post# of 23104
Another Pro - CEO owns 40M shares and this company is his baby. He has no interest in diluting the stock price to zero, because he could make much more money by selling the company due to the amount of shares he owns. However, this company is his baby, and he understands he can make a whole lot more by completing the registration process and growing the company. Best case, the registration process is completed and Frasier grows the company to make hundreds of millions for himself (and a lot for us). Worst case, the company fails to re-register and he sells the company for much higher than it's trading today to get as much out of it as he can.