Mr. Cornerstone, keep your day job though I hear the food isn’t that good either. Mark has gutted his long shareholders. I would look for much support from that bunch.
Mr. Mark Newbauer, Chairman of the Board, was quoted following the execution of the resolutions as saying, "Advanced [the Company]recognizes its long history of an inability to successfully develop revenues to a net profit, essentially accruing debt as an obligatory practice for continued operations
Wouldn't it have benefited Mark and Shareholders more if Mark would have held out for a higher MIKP share price before announcing a RS split with the full knowledge of what he was doing (to shareholders) before he did it. Since the RS split the price has dropped from .0007 to .0002 where we now are and possibly lower. A higher price (at reverse time) means a higher price out of the gate after the reverse stock split. WE WOULD HAVE GONE MUCH MUCH HIGHER IN PRICE IF MARK WOULD HAVE THOUGHT THIS THROUGH BEFORE MAKING HIS DECISION. IT WOULD HAVE ALSO BENEFITTED MARK IF SHAREHOLDERS WOULD HAVE HAD THEIR VOICE HEARD BEFORE A DECISON WAS MADE. MYSELF AND ONE OTHER PERSON GAVE MARK OUR OPINION WAY BEFORE THIS ANNOUNCEMENT BUT OBVIOUSLY HE WASN'T INTERESTED IN WHAT WE HAD TO SAY.
Does this mean that Mark is going toi defer using shares earlier for services to give the share price a chance to go up after the RS split.
Have a hard time with Mark's decision and it is in line with what he did in 2011. Just doesn't make sense to me. Tried to discuss this with Mark but he appears to skirt the issue.