Replies to post #738 on Synergy and Friends custodian plays

[nsomniyak]

I agree with you - from the perspective of new owners, legacy shareholders are a pain in the ass. They bitch and moan and require a LOT of handholding, and generally are looking for much faster returns than new people (especially insiders and friends and family). It makes sense to reverse split them into oblivion.

I am not saying this is a fair thing to do, but it certainly makes sense from the perspective of new owners of a former shell company.