Replies to post #163675 on Enzyme Environmental Solutions Inc (EESO)

[hope2retire]

Here is to that! I did the same thing 15 years ago. ;-)

[boehmer]

well we agree on one thing, Public accounting sucks.

[adkmoves]

Biggerstaff,
Since you seem willing to discuss the reality, I'd like to ask you a question. Why would anyone buy the common shares of a pink sheet company instead of simply the preferreds? I see no reason whatsoever unless someone just feels like giving out free money. There would be no reason to take the company private, which is the only situation I can see needing a common share buyback... but we're in pinkie-land, which is already theoretically private companies with common shareholders who are guaranteed nothing.. Common shareholders will never have a controlling interest in the company, so my question is, why ever buy them??? Why not just let them sit there. That is why I cannot for the life of me find a single pink sheet stock who got acquired where the common shareholders got anything (excluding to uplist)...
Likewise, I refuse to believe that Mr. Jared nor anyone else in his position would give offer money to common shareholders which he could just as easily say "You want to buy controlling rights in my company, I'll sell you my preferreds for 200 million, screw the common shareholders... They mean nothing anyway." Thanks in advance.