So if this is correct, this is how they are going
Post# of 2009
Posted on the pony board...
Quote:
The only thing to me that makes sense why they
would call for a proxy vote to do this is they are
planning to>
>Trade in our NTGL shares for giving NTEK the
$2.8M they value those NTGL shares on the NTEK
balance sheet now.
Yep, and what I was suspecting, that all those shares were created to have voting power that will outvote any and all of us...yeah, like I said, we're never going to see those NTGL shares if all this happens, and that is exactly why they delayed so long getting us the shares in the first place...totally planned out from the beginning. If this scenario actually does happen, they are absolutely taking money out of our hands and literally stealing it from us twice...once to steal the NTGL shares we were promised, and the second time by constantly reducing our original value by adding so many shares. As always, I hope I am wrong about these guys...but I am betting this is what happens to us. Literally. Well, I guess I am betting my investment that it won't happen...and as I just said, I hope I am wrong.