Re: Shareholder Rape
in response to
by
posted on
Mar 27, 2012 01:03AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
Seems a nerve has been struck.
The knock-down-drag-out will all be just for show.
Fung's first affidavit gave fair warning. Court process was recommended by the largest of the private placement insiders, still waiting on the sidelines. Setup for some insider to get that deal.
Still a Dangerous play until details of All insider deals are disclosed.
Risk still there while reward keeps being given away.
Higher now? Less 35%, less management take%. And with PP, more give-away possible.
Dilution and give-aways are how penny plays survive.
This is not what folks want to read. But, it is how the game is played.