Maybe the management was too busy laughing...besides it takes a great deal of time to get twisted and convoluted.
The true believers in this company think it is laughable what is posted by the many who've not even bought shares. For those that have bought shares and chosen not to convert into PDR's, I wish you all the luck in the world and would be sorry for you when the exchange opens.
Rewarding loyal believers (those that have put their money on the line in the exchange) should be rewarded...not so rediculous. Those that flip, know the game and I'm sure have played it well as there has been ample opportunities to make money that way. The fence straddlers have effectively cut off their own by not committing to either side.
I'll let you know about the land divy when I profit from such a flop.
It's really too bad that you haven't made out the way you wanted with this stock. I hope it turns around for you in a kind of laughable way.
The jury is still out.....nothing yet...something soon.
"how can they discriminate on who buys shares"
By creating an exchange that requires membership in a foundation...(membership that is not automatic or guaranteed) Don't like it?....too bad! They said from the beginning....the PDR exchange is for long term wealth building......now the flippers are whining because they aren't invited to the party...OHHHH boo boo boo! The said loyal shareholders will be rewarded....now the disloyal have seen their share value gound into the dirt with no chance of enjoying the huge automatic gains offer to loyal shareholders by just exchanging shares for PDRs.....So who's fault is that?? Not fair? Go whine somewhere else!...you guys made your choices...live with it.
"recall all shares in the system"?
And then do what? Put them right back in a corrupt system and reward the thieves and vultures who distroyed the system in the first place?
"a fiduciary duty to act if the share structure has been compromised to retain shareholder value"
What do you think the PDR exchange is for? They just decided to take the best road....not the easiest one. The road that would lead to rewards for loyal shareholders and punishment for hateful bashers just trying to take fast profits. Sorry...I think they're plans will accomplish exactly what they always said they would. Reward loyal shareholders and leave the rest out in the cold. SS