News Focus
News Focus
icon url

Bangkok Bob

09/19/08 4:51 PM

#7784 RE: downsideup #7783

dude you can post away as long as you like and you'll be the only here reading this junk.

one investor comes in and pays 5 times the current price and another 10 times is on the way.

I ain't readin this crap anymore.
icon url

ironguts

09/19/08 4:53 PM

#7785 RE: downsideup #7783

DSU...

"The ONLY beneficiaries are the new share holders who bought shares AND a percentage interest in the profits..."

why are the new shareholders the ONLY beneficiaries???...granted they may be better positioned s/hers....but the "ONLY"...come on.....


icon url

passthegravy

09/19/08 4:56 PM

#7787 RE: downsideup #7783

What you're forgetting is that Wolk is already on the hook, period. He entered into a contract. So, you keep assuming there's some huge risk that Wolk wont pay up, and I disagree with that assumption. Sooner of later Wolk must cough up the money - regardless of what the current SP is. And, until that occurs, today's 1.1mil will hold LNGT over nicely.