I'm not being overly critical of this proposal but a little clarification and more concrete facts would really help both current & future investors.
"With locked up private placements that have one year restrictions on them and by paying CCAJ shareholders quarterly dividend we will be able to give the new companies a chance to perform in the marketplace" (So the more shares of CCAJ owned the greater the quarterly dividend paid to the investor-correct?) This answers the previous question to some degree("The amounts of these dividends might only be 100 dollars or so to investors depending on the size of your investment in CCAJ.")
" you will be receiving free trading shares in companies that(are)? already listed and trading."
"As I stated previous we are not being compensated in CCAJ stock and our salaries will be given to us via stock of the companies we take public…" This may be true BUT to really be transparent and as sincere as the team/Lance is-why not disclose each of the 3 major players plus J.Berkowitz's current holdings? This not only clears up involvement to fulfill the "plan" but lets us current investor know that these fine gentleman are not trading shares received from the changeover of management. If you are going to "come clean" and give us your ideas/plan-let us SEE the "real deal".
Remember, for all of us that may like this plan and who would like to recoup losses-if any- a clearer picture & much more transparency would be VERY helpful. Not only for selfish reasons but also to shut up the few critics who never cease to find fault in management or past managements.
Happy Valentines Day to all and enjoy the holiday. There are a few in Buffalo that won't have a chance.
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