Posted On: 09/26/2015 12:54:44 PM
Post# of 2290
Re: shortnlongs #590
Ya i dont own anywhere near that amount but, id be willing to match whatever % is done.
I have honestly witnessed companies with 1-2 billion floats PR "projected buybacks of X amount usually only 300-400 mil or so" run like crazy. and most of them dont ever do the buybacks lol.
I donno, it was just a thought.
I seriously think though if Francine would convert her shares into a preffered series that held as much weight (i know these exist other companies do this all the time look at THC*, the owner of it owns 10,000 Series preferred restricted stocks that give him total control over it, instead of needing to own 800mil-1bil of it to do the same thing)
She owns roughly 2.5-2.7~ bil i believe. And since she has never once sold any I think its safe to assume she owns them to retain control. But if she could just convert and have them a heavier weighted preferred series of shares.
Your talking instantly retiring 2.3~ billion shares.
I dont think there could be a bigger PR for a OTC stock lol.
I have honestly witnessed companies with 1-2 billion floats PR "projected buybacks of X amount usually only 300-400 mil or so" run like crazy. and most of them dont ever do the buybacks lol.
I donno, it was just a thought.
I seriously think though if Francine would convert her shares into a preffered series that held as much weight (i know these exist other companies do this all the time look at THC*, the owner of it owns 10,000 Series preferred restricted stocks that give him total control over it, instead of needing to own 800mil-1bil of it to do the same thing)
She owns roughly 2.5-2.7~ bil i believe. And since she has never once sold any I think its safe to assume she owns them to retain control. But if she could just convert and have them a heavier weighted preferred series of shares.
Your talking instantly retiring 2.3~ billion shares.
I dont think there could be a bigger PR for a OTC stock lol.
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