Replies to post #3375 on Curative Biotechnology Inc (CUBT)

[gmjones99]

Bucks... perhaps you're missing the point. The object of the R/S was to reduce the # of shares Outstanding (which in turn Increases the PPS proportionately). The big HOWEVER, is that in the amended Corporation Articles 4.1 per the Aug 9th filing they specificly state that the Authorized Share count remains at 1.1 Billion. But since the Outstanding due to the R/S was reduced by a factor of 50 to 22Million... Ronn is essentially back to Square 1 and has the remaining 1.078Billion shares "Outstanding" ready and a-waiting to issue for sale at now a higher PPS !

You say.. What a racket ??? ... You bet ! That my friend is how they do it (to us lowly shareholders)!

[wau77]

It is a mess…Ronn is a jerk simple as that…I seriously doubt this is some trading play for him to personally make money by selling stock though some complicated scheme…

The two wholly owned subsidiaries bother me the most and I wonder how easy it would be in the future to spin off either one of them to a creditor or shall we say a co-conspirator if you will…now the shareholders in CTYX are really big time screwed….wonder who owns the preferred share in the subsidiaries.. CTYX supposedly owns the common shares—right?

I stick to my guns about thinking Ronn is not too smart about the markets and such. He has this reverse split thing firmly implanted in his brain as being a “good thing to do” and “a fresh start thing to do” and I suspect that his advisors and new finance people liked the idea because it frees up lots and lots of collateral at absolutely no cost to the principle or the lender.

In a way trying to figure out what is going on in his mind is therapeutic to some extent…we have no control, no input, no nothing and our money is flowing down the drain as we all hopelessly watch….wondering is pointless. The reason this happened is Ronn is a person of questionable character…that simple….don’t believe me. Ask yourself this: If Ronn had kept his word about no reverse splits would we be here today stunned, mad and lost as to what to do?

And the other reason this happened is the bean counters told Ronn now is the most cost effective time to screw the minority shareholders and the legal people told him that they could easily deflect any shareholder derivative actions and besides a few hate e-mails and e-mail allegations of his wrong doing that they can easily defend to the SEC and other government agencies--nothing serious will happen. Still the SEC is getting my stuff and you should send in your stuff if you have anything.

Stop beating yourself up over this…you did nothing wrong! Either sell or sit back and wait. But your best bet is to get off this board and move to another stock for a while. Most likely it will take a month after the R/S happens before anyone can even halfway start to make an educated guess as to what to expect.