Replies to post #103137 on Imagination TV Inc. (IMTV)

[Insanant]

Say this does get taken to court and SS wins, which will probably be the verdict since JC didn't fulfill his contract. JC has now crossed a line in which the company could take his restricted shares and retire them along with him being fired. Since the case would be breach of contract.
Those retirement of shares would also reduce our debt since most of the debt was the converted shares JC received at the PPS we were trading at then, which was what 3-5 cents? Still on my phone.
Thus retiring shares and reducing the debt.
Couldn't that happen just as much as this whole RS thing that keeps getting thrown around? Just saying there is always two sides and multiple outcomes that can come out of bad situations. Saying only one thing will happen is narrow minded, IMO.
PNCH

[tradewin]

You'll never see a R/S until this trades low trips. The current share price is based on the current crisis.

There was a billion shares with Collins' name on them, don't need those any more. Retired shares guaranteed.

I know that opinions do not magically become reality if they are repeated as mantra. Prime example was the O/S that never reached the claimed hysteria.

PNCH is a great stock. It's been good to a lot of people. I'm certainly not the one complaining.