Here's what I know... when people come to my bank
Post# of 36728
Likewise, if AEGY and SKTO are in a merger, and trying to reconcile the volume weighted average of shares etc... what the hell are they doing issuing notes at .002? I'll give them $200k tomorrow morning payable in AEGY at .002
Seems to me there's 2 or 3 things that possibly happened:
1. Hipple feels the squeeze of the merger and decided to steal $150,000 in cash payable in SIGNIFICANTLY more than that, which he'll likely profit on the back end of it as well, before he can't do it anymore.
2. Hipple wanted to compensate some iEquity private investors that lost on AVNE... so he cut a sweet deal to pay them back.
3. Hipple can live off of AEGY like a trust fund, just because he can (because in Pink Sheets there really are no rules when you have a controlling interest). This option implies that the merger is in serious jeopardy.
Answers
A - 1
B - 2
C - 1 and 2
D - 3