Hey, I said it was just a strange thought. It's li
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(Total Views: 643)
Posted On: 03/13/2019 10:31:40 PM
Hey, I said it was just a strange thought. It's like one of those thoughts that come to mind as a rare possibility. I just thought I would share it, more as a joke than anything else. However being more serious, and I kind of really believe this, that the up to 1 for 500 is sort of more like a bargaining tool. They must know they are not ready for NASDAQ. So why not set up a bargaining tool by seeing how investors would react to a ridiculous RS. I've seen other companies that have done this strategy.
So after the vote, if it's let just say a 70% no to yes vote. Then they only have to persuade about 20% to vote yes, so a new proxy for 1:25 RS would pass without issue. However if the vote was a 90% no to yes vote, now they would have to persuade 40% to vote yes and therefore would have to make the next proxy only a 1:10 RS. Hopefully you followed along with me on this concept and agree. Obviously if they won the vote with common shareholders well then they would have the way with their RS but probably will not even not this. Remember they asked everyone to vote. If they wanted to they could just set this up so if those who didn't vote would work in their favor. It seems more like they are interested in shareholders opinions more than they are on actually having the ability for a 1:500 RS.
Now why would they be more concerned with shareholders opinions, they probably want to change this low morale that many have had towards OWCP since the Jeffry F thing. Plus a new reduced proxy for 1:10 RS would make almost every shareholder on this happy now and with the good news and the good news to come that would make this fly to $1.20 easy. Then the RS 12 dollars on NASDAQ and shareholder only have 1/10 their shares worth the same except the reduced OS bringing it down but probably not as fast as the uplisting to NASDAQ bringing it up. Anyway these are just my thoughts and possible expectations. Everyone invest with your own risks and thoughts.
GO OWCP$
$OWCP
$OWCP
$OWCP
So after the vote, if it's let just say a 70% no to yes vote. Then they only have to persuade about 20% to vote yes, so a new proxy for 1:25 RS would pass without issue. However if the vote was a 90% no to yes vote, now they would have to persuade 40% to vote yes and therefore would have to make the next proxy only a 1:10 RS. Hopefully you followed along with me on this concept and agree. Obviously if they won the vote with common shareholders well then they would have the way with their RS but probably will not even not this. Remember they asked everyone to vote. If they wanted to they could just set this up so if those who didn't vote would work in their favor. It seems more like they are interested in shareholders opinions more than they are on actually having the ability for a 1:500 RS.
Now why would they be more concerned with shareholders opinions, they probably want to change this low morale that many have had towards OWCP since the Jeffry F thing. Plus a new reduced proxy for 1:10 RS would make almost every shareholder on this happy now and with the good news and the good news to come that would make this fly to $1.20 easy. Then the RS 12 dollars on NASDAQ and shareholder only have 1/10 their shares worth the same except the reduced OS bringing it down but probably not as fast as the uplisting to NASDAQ bringing it up. Anyway these are just my thoughts and possible expectations. Everyone invest with your own risks and thoughts.
GO OWCP$
$OWCP
$OWCP
$OWCP
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