Replies to post #21787 on U.S Fuel Corp. (fka USFF)

[73tats]

Concerning message 21785 to 'walker6'

The last paragraph, about being legal. Yes, the 50%+ majority owners of NSOL shares, could legally sell 20% of FFI to Schrader. However after the sale, if they do not own enough NSOL stock, to maintain a majority in FFI, Schrader now owning 20% of FFI, must also be included in the majority, to maintain a majority. Because, if Schrader joins with the minority the minority will now become the majority. The control of FFI would be lost to Schrader and the minority. Basically leaving Schrader in the control of FFI by only owning 20% and with the minority owning 40% would give Schrader and the minority about 60 % of FFI.

Is this the reason for the gridlock? There must be some reason why nothing or the perception of nothing being done to hold the share price down on NSOL. It might be, I do not know. Somebody is buying NSOL shares and somebody is selling NSOL shares very cheap. Anyone have any input.

Are they buying cheap shares to regain control?

MY opinion.