Replies to post #29143 on Viaspace, Inc. (VSPC)

[rodman]

Also who will be enriched with a reverse split. Yes we see this happen
for many penny stocks that do mislead investors just to prolong the life of the company. Sure don't see the Doctor's dumping stock. If they are embellishing the news to be misleading why continue to fund and loan the
company money for a worthless stock.

[Big Casino 1518]

Wow. Carl enriches himself by accepting paychecks and free or discounted shares of stock for doing nothing. That is enriching himself at the cost of the REAL shareholder.

THE SHARES ARE SOLD TO SCHEWE AT AN 80% DISCOUNT TO THE DAILY PRICE.

That means, if he buys $10,000 shares at .0003, he gets 33,333,333 shares. Those shares are worth $39,999.99 at the current market price of .0012.

I'd say that's enriching himself.

He also receives FREE SHARES as compensation for the "Board of Directors meetings".

He owns somewhere around 1.3 billion shares. He won't be hurt by a reverse split. Even when he reverse splits, he will still own somewhere around 100 million shares. Then he issues MORE FREE shares to himself as a bonus, or wages. FREE. Then sells them cash. That's what Carl has been doing for 10+ years. Carl will do fine post reverse split because his shares were either HEAVILY DISCOUNTED OR FREE. Haris will do fine post reverse split because his shares were either HEAVILY DISCOUNTED OR FREE.

The only people that a reverse split will hurt is you, me, and other REAL shareholders. Schewe & Carl will make his money, that is a guarantee. The REAL shareholders won't.

Get it?