So if SB resigns, then what? You forget it's a on
Post# of 40989
OTC companies work completely different than Nasdaq or NYSE public traded companies. He does want he wants and shareholders must eat sh*t sandwiches. Really no recourse without suing and my previous post addressed what how pointless a lawsuit would be.
He could be taking the company private but he would have to pay shareholders for their shares. Even 3 billion shares at .0001 would cost him $300K. He would still need a source of funding but would have no way of paying it back unless he was truly generating $200K profits per month, which he isn't imo.
Quote:
If he is unable to perform his duty then he needs to resign. As simple as that. This is not my way or highway. This is a public traded company.
I have feeling he is intentionally doing this to take the company private.
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