InvestorsHub Logo

familyguy6

03/24/15 7:17 PM

#46382 RE: baja863 #46380

1. I didn't loose money from this stock, I lost some profit at the end, but only after a great run up on multiple occasions. David Saltrelli eventually ran it into the ground.
2. If the old management is gone it doesn't benefit them in any way!
3. New management will benefit from a R/S giving them flexibility to use shares to raise money on an other wise dead stock. The value of shares means NOTHING to them at this point!

And yes current shareholders will lose money when it happens cause the company has limited options at this point.