Replies to post #59371 on Banro Corp. fka BAA

[trunkmonk]

I happen to agree, I do not talk with any officers, but I can read. why would a company who digs up real money(gold), have to hand out pennies(shares under $1)? sounds like a terrible business deal unless there were things discussed we dont know about, which would make this company in violation with SEC rules.
I would think almost anyone would rather take a cut in the diggings, long term, instead of shares, I still cant make sense of it.

[Stock paradise]

New to board. Following BAA for 10 months.Smaller holder but above 100000
. It seems they are getting shares at 0.1 or 0.09 as by other posts. This already lowered PPS, since company projects with this disregard for the value of PPS of current stockholders. Please keep us up to date on your progress communicating with the board.

[BAA_Up]

Large Shareholder. New Here. Going to Fight This Deal.

The proposed deal is absurd in terms of its treatment of the Common Shareholders. As a professional fund manager and owner of over 5% of the Common Stock I intend to oppose this deal. There are multiple potential courses of action. I am not going to tip my hand on a public board.
YOU DID IT

I post this because if anyone on this Board has had contact with Martin Jones or any other people at the Company or holds information which would be helpful in opposing this deal I would like them to send me a private message.

Thank you.

What do you want? A better deal or BK?
funny guy

[jt6455]

As a fund manager aren't you required to file ownership papers with that many shares? I didn't see any funds that hold 5% of the equity?

My apologies if I missed it