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Re: learning curve post# 59740

Wednesday, 10/02/2013 2:25:55 AM

Wednesday, October 02, 2013 2:25:55 AM

Post# of 80868
Why this good for shareholders??

If a vote came now at company level for shareholders!!

They could get thrown out!! All of them!!

The problem these officers and directors have now is they have only ONE CLASS of shares at this time!!!!

COMMON!!!


If they need more money for company to pay bills!! They will need to dilute!!

Yes it could go to 100 million shares A/S!!

BUT!!!! That means SOME BIG POCKET INVESTORS will start buying them up!!


And a hostile take over will result!!

That could even come into play right now!!

As O/S is about 6.8 million before the exceptions!!!

And a LARGE shareholder could come out and demand a shareholder's meeting if they own more than 50% of company!!!


GLTA


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