Companies use shares to build by aquiring services
Post# of 45510
Companies use shares to build by aquiring services or products.
The main thing here is that the CEO owns the same common shares that you and I own. That leads you to believe he has the best interest at heart when hes considering the use of shares as payment.
We paid 135 million RESTRICTED shares for Punch TV recently when the company was at around .02 for a TV network that by many accounts is valued at 4-10x its purchase price.
A lot of people speculated that he woudn't have done that unless he felt the shares where going to gain significant value.
Yes shares have been used, but the relations that have been forged with leaders in American business, and the deals that are comming out soon will justify the increase we have seen.
Steve stated recently you have to lay the foundation for these business's before he can do more with them. It all makes sense after countless hours of DD
gl to you and your fam. I hope you decide to dabble in some ICPA while its pulled back today. Great price and nice support under this current PPS.