Replies to post #178074 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[ltesprit]

Island, now you're saying that not 'most' of his shares would be counted toward the sale.

All I can say to that is: Lie to me some more.

Frank issued himself 23 billion shares PRECISELY to get the lion's share of a buy-out. He didn't do it for control: since outsider shares are non-voting, all he needs is one share of voting stock to have control.

It's pretty ridiculous.

Thank goodness for the audit, and let's keep pushing him to get us on Amex. Amex has corporate governance rules that will require him to end this charade and b.s.