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plmcc

05/25/11 6:48 PM

#5283 RE: kennypooh #5282

H'mm . . .

"Quote:

IMO Najafi is in the same boat we are until the BK court fully releases CGSY in Aug. Your thoughts???

. . . Not exactly...Najafi owns 100% of a GCPivotal LLC, a going private business, and you own a piece of an empty shell with no business whatsoever. Table scraps. . . ."


I think the comment was referring to CGSY and not GCPivotal LLC. Najafi will still control approximately 60 percent of the "empty, worthless" shell once the BK proceedings conclude, right?

And, if so, then he is, indeed, in the same boat currently known as and unofficially titled as "The Empty, Worthless Shell Known As CGSY", just like the rest of us, right?

However, please feel free to correct me if you disagree . . .

And, As Always,

But, Hey, That's Just My Opinion,

plmcc

P.S. I just put in an order for another 300,000 shares of CGSYQ.
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stylex022

05/25/11 7:00 PM

#5285 RE: kennypooh #5282

Maybe I never will see the truth. I guess I dont understand how and why Najafi spent millions of dollars and took his 60% of the CGSY shares to start GC Pivotal...was he just buying proprietary software from Capital Growth for 30 million??? It doesn't seem likely to me he would. I understand what your saying about this being a shell and having no value...but why then did the BK get organized in such a way to keep commons intact?? Najafi could have let CGSY file ch 7 and practically taken what he wanted. Bottom line is I think we all want answers and no one will have them for the next week.