News Focus
News Focus
Followers 36
Posts 4394
Boards Moderated 0
Alias Born 10/26/2011

Re: udrewtoo post# 11962

Tuesday, 03/04/2014 2:17:31 PM

Tuesday, March 04, 2014 2:17:31 PM

Post# of 30646
udre, why do you think I have been screaming my lungs off. The organizational structure of this company is so no matter how many shares outstanding or authorized 10, 15, 100 billion Floyd Smith the CEO still owns 51% of all preferred and no shareholders can't vote or anything, Floyd Smith himself makes all decisions without anything since he owns that 51%. And guess what if Floyd Smith decides to cancel or redeem common shares, he can do that also and there is nobody who can do anything. Yes I agree I am right behind you on this too. This is too much and anybody who thinks this is positive ..............................This is pretty much lights out for this company, there is nobody in the entire world can do anything about it. But there are few things you can actually do. IMO

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today