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Auricgoldfinqer

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Auricgoldfinqer

Re: premiumjavacoffee post# 2579

Tuesday, 01/21/2014 11:42:33 AM

Tuesday, January 21, 2014 11:42:33 AM

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Another thing that bugs me about Wallach. With the reverse merger he had 280 million shares, and now through options, he acquired an additional 1.25 million shares. Really? He owns 72% of the company and needs another 1,250,000 shares? And an option for 1.25 million more?

What kind of shareholder value did he create to compensate himself and others so egregiously?

At the beginning of 2012 there were 385 million shares outstanding and now there are about 388 million shares outstanding.

I don't see the share count going down. It has only gone up under Mr. Wallach's tenure.

Another reason why there are no buyers of the stock even after these recent investment trade shows.

Can you blame Rochon for selling?

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