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Replies to #5787 on Funr (FUNR)

poor_papa

08/27/07 3:29 PM

#5791 RE: SharonB #5787

Because the pps is so low and because of the history of pinky ceo's (not necessarily radomir) who rs so they can sell more.

frankie_fillet

08/27/07 3:31 PM

#5792 RE: SharonB #5787

yeah cause you lose you leverage you built up..

a 100 thou shares is more value going to a penny than a 1000 shares.

100 thou pennies is a bit more than 1000 pennies.

he is wiping out any leverage value folks that accumulated have.

even though the monetary value is the same you will realize less gains....

thief is the word ... stealing shares back to sell again.

another words he has no cash.

real

Mr. Shagala

08/27/07 3:32 PM

#5793 RE: SharonB #5787

What are you talking about? The pps would now have to be $.50 for me to break even. It probably doesnt matter for new investors, but for existing shareholders this is stick up the u know what.

SharonB

08/27/07 3:36 PM

#5797 RE: SharonB #5787

Another thought. In my past experiences the RS was used to increase the Market Capitalization to qualify for entry on to another stock exchange. In our case there is the opposite action happening to our stock with todays trading.

I suspect it is a misguided judgment to sell, but to each his own.

Any other ideas that might make sense as to how this hurt any shareholders other than the leverage of number of shares vs price movement would be welcome.
SharonB