GREY:LBEFF - Post by User
Post by
drillbit2008on Jan 11, 2010 7:53pm
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Post# 16666291
Its too bad
Its too badIt’s too bad Redstone and LBE overall is owned by the Chinese. I guess that is why the market is showing what it feels about the announcement. At least that’s what Nickel77 would say. The market does not like large majority share holders at all because they usually get screwed.
Other than the Chinese the only ones that benefit from this anouncement is the management team who lost 51% of the company in the first place. tsk tsk tsk
Driller