Replies to post #71437 on Ngen Technologies Holdings Corp. (fka NGRP)

[exisnet]

lol... only thing that will minimize the effects of the proposed R/S is no R/S.... IMO

[exisnet]

I misspoke, there's one option that will minimize the effects of a R/S, the IRS willing to allow a tax write-off... R/S is legalized theft period...

[AC7880]

More George Orwell. This time it is Animal House LIEb and Con-WAY style.

All animals are equal, but some animals are more equal than others. The class action lawsuit would be HILARIOUS to watch.

The conman strikes again!

[Anvil]

Lol, impossible! A company can’t treat members of the same class of security different from others, Ir regardless of time held.

The Con-man knows this.

[AC7880]

The CEO the working with the companies attorney at this time in an attempt to minimize the effects of the proposed R/S on those long term holders such as myself........I suggested a pro rated R/S based on time and in theory he agreed that if there was a legal way to do it.............he would....IMHO

Perhaps a more effective method of compensation would be for Con-way to compensate those who lost the most money.

For example those who have lost multiple 10s of thousands of dollars could provide the Con-Way with their trading platform records.

The ConMan could then give some near worthless diluted shares to the decimated stuck-holders based on the massive losses. Maybe one share for each thousand dollars lost? Could be "free" 40 or 50 or 60 thousand shares for some stockholders. LIEb could call it The Loss Dividend.

A fine upstanding leader like Con-Way could certainly be trusted with the financial records of stockholders.

[Bruce the Stock Guy]

“a prorated R/S based on time”<<<<That would work if you sprinkled some magic dust on it ..