Re: 1,000,000 Shares
in response to
by
posted on
Sep 21, 2011 09:58PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Just a thought!!
Could be all wet , but--- If Lori has options from a while ago when shares were valued at .50 cents, and she needed the cash to purhase those options-- 4 million shares at .50 cents that would cost her $2,000,000 dollars.
NOW--- the cash she got from the private sale of 1,000,000 shares at $2 per share just happens to equal $2,000,000 dollars---but she has 4 times more shares for the same dollars ----and voting control over that many more shares as well.
Please correct me if I'm wrong --but--- I know that if it was me making that decision---well-Quack ---Quack -nuff said. IMO
Rinky