Replies to post #186070 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[TheDukeOfEarl]

Do you really believe that? Don't you know how starting a corp works? Do you think people do this for free? Not only is it quite legal to do so but its also smart. I guess you want people to start and run businesses for nothing LOL thats is really funny. From what I heard at the open house he put a very large sum of money in the company. so your "why didn't he buy them" statement is nothing but your attempt to talk down the company.

[gees]

Itesprit, honestly I don't think its a problem Frank holding major portion(53%) as long as he doesnt sell it. It grants him the full control of this company. But I do agree that humongous share count and ongoing dilution is a problem for shareholders like us. If Frank is a good CEO, he should buy back shares from now onwards up to 20B...Since the pps is dropping gradually every week, he can probably complete buyback in a month or two and would cost ~$5M. He can do the this without informing shareholders so the PPS would remain low during buyback. When the buyback is complete, the float would 1 or 2 billion. Frank can then retire ~20B of his personal stock and maintain 53% of company ownership. I think this is what he should do as a good CEO

[tradewell]

Good point itesprit, most companies looking to raise capital issue a private placement of shares to investors at discounts below mrket price, and those shares are restricted for 2 years. Frank just issues shares to pay people, and issues himself the equivalent to maintain his majority stake. I guess he feels this is the salary he is worth for putting together the network. Kinda like congress issuing themselves pay raises and pension plans to their discretion using taxpayers money. Sorta like the fox controlling the hen house. IMO-TW

[skunksyard]

Itesprit..where's the link to the data you are talking about?

a) he issued himself free shares
b) he lent the company* money

"Want to be even more perplexed"

yes I want to be....present the links so we can read and study your data...

*what company? QTN? TMM? NTI? LBS?

Thanks