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ryall12

07/08/10 10:26 AM

#31735 RE: skinut #31734

just to point out, that was done to close out the shares of the shell company they acquired. none of those shares or money raised from them were capitalized by owvi. that is why they followed up by releasing so many shares, which was done to buy into tutamen and ist plus get some capital going to start up 1world cash.

can history repeat? maybe. but for this event that means owvi would first have to acquire another shell. which would most likely mean uplisting. the timing could work with audited numbers out in august then 30-60 days for the process.
in this case, if it happens, an r/s is not a bad thing. it would mean the r/s works the way it is supposed to, less shares and higher pps so everyone keeps their value.

not saying i see this happened but just want your facts straight. this financing is history repeating and no r/s was related to it. last time a promo happened. and it was a year ago, you are talking almost 2 years ago now.
either way november is a long way off with plenty of time for pps to recover before hand.
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brokedaddy

07/08/10 10:57 AM

#31736 RE: skinut #31734

hopfully with organic revenue streams coming in, when its time SP I would like to see a share buy back and retire the shares bought back by the company.