Replies to post #78228 on CBA Florida Inc. (fka CBAI)

[Starlost]

Hey T. The way I see it is..yes, Matt was deceptive to the investors and he kept this information to himself to make sure the REVERSE SPLIT would go through. But look at it this way. If the REVERSE SPLIT did not happen, and an increase in the Authorized Shares did not happen, what do you think would have been the result? CBAI would have probably gone BANKRUPT. This is obviously not something that Matt and his henchmen would care to admit, but it certainly seems to be the truth here. They were desperate to sell more shares to pay the operating expenses, not to mention their greedy little pockets. Yes, the investors got stiffed here, but if that REVERSE SPLIT did not happen, I suspect the investors would have been in a worse position having lost probably ALL their investments. At least this way, the company is still alive, and the stock is still trading. It was the least of two evils.

1. The DTC chill occurred in December 2010. Matt knew of it at this time, yet also specifically planned a R/S.

2. In early 2011, Matt stated it was a good time to buy CBAI, while knowing of these two facts. At the time, CBAI had not yet revealed the chill or planned R/S to the investing public. Since no one wants to believe that he would deceive investors, it will be assumed that he actually DID believe it was a good time to buy, which means he at least did not appreciate the effects of a R/S while chilled.