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nranger

07/19/14 9:39 AM

#15254 RE: WildcatDriller #15253

If SIOR doesn't relist and becomes a private company don't the shareholders own a piece of that private company and are thus entitled to a share of the profits? Our invested money is now being used to pay a part of their business expenses. Are you saying you are content with just doing nothing while your money is being used to make money for SIOR and you don't demand anything in return on your investment?
Many of us shareholders are depending on Screaming Eagle to help get SIOR relisted. And to him that should have nothing to do with how much money he has. He said he was going to try to do something for the shareholder. Rather than accuse him of 'flying the coup' I would like to hear the words from him. Of course I will be very disappointed if this is true, but I believe he has more integrity then to simply do that. I know that I do.
In any case, although I can probably do very little, I will investigate what rights we have the best that I can. But I still don't get the whole thing. A publicly traded company can raise funds much much more easily than a private one can. So it should be to THEIR advantage to be a publicly traded company.