Replies to post #65760 on The Golden Lounge

[Art2Gecko]

"He then went to say. THE COMPANY CAN PRINT THE SHARES AS LONG AS THE MAKE IT. I was shocked to hear that."

huh?

[Rocketred]

"THE MAKE IT" whats this suppose to mean?

[Dspetry]

Same thing a broker friend of mine said...

http://www.investorshub.com/boards/read_msg.asp?message_id=6751403

Dave - Can the company do that? Inject 414 Billion shares without shareholder approval, proxies, registration, etc???
"Dan" - well, looks like they are covering up for their failed F/S
Dave - Yeah, but can the company do that? I mean - I know people that own way more than 10% of the company, and they never agree'd to any of this resolution.

"Dan" - Management can do whatever they want to save their company... Yes they can do this...

[SSP]

What a lame answer he gave.

[Susie924]

Sounds like the guy I spoke to yesterday.

[janice shell]

He then went to say. A COMPANY CAN ISSUE SHARES AS LONG AS THEY MAKE IT PUBLIC MEANING PUT IT IN A PR FOR THE PEOPLE. I was shocked to hear that.

That's total BS. You have to remember that many of the folks who answer the phones have no idea what they're talking about.