posted on
Apr 12, 2012 08:27AM
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Message: GHDC
Maybe maybe not. The Quillams' total shares are increasing by bucket loads in SFMI.
Pierre increased from 3.8 million to 69.9 million shares
Chris increased from 2.4 million to 41.7 million plus 1.7 million Class B shares
Denise increased from 2.6 million to 9.8 million plus 3.2 million Class B shares
New Vision from 36.8 million to 65.9 million
Thomas Ridenour from 2.1 million to 47 million shares
Obviously they are positiioning themselves for a buyout as we all know, but as you can see from the substantial increase in SFMI shares for these Executives, why dilution doesn't matter for them. They are gaining shares at a much faster pace than the dilution and they have the control to make sure to stay ahead of it. Unfortunately, the rest of the shareholders will suffer greatly as a result, unless you are willing to keep pace with the dilution. That's a fact and yes I am looking at the BIG picture when making that statement. Yes as pic said, maybe we get .50 buyout, but that's a far cry from what was being talked about before.
Anyone else notice the salary increases for the Executives. They are giviing themselves 30%-100% increases yearly. Awesome.
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