GREY:RGVNF - Post by User
Post by
dogoneon Apr 25, 2008 5:27pm
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Post# 15011185
Monedas says we just got fleeced
Monedas says we just got fleecedWe just had a conversation, and he says there is a news release out whereby the assets just went to Eurogas. They sold Billions of dollars in assets for a few million in cash, which will go into the treasury and go to management fees over the next several years etc, and the current shareholders will never see a dime.
He said he will look closer into the agreement and post, but this is our worst nightmare. It has no REV shareholder value what-so-ever.
I am only repeating his concerns and comments. I hope his first blush at this is way off, but he now encourages all shareholders to review how any such agreement benefits REV shareholders. Even the 10 million shares of Eurogas will not be distributed to the shareholders he says.
Lastly, Curtisprod, you just got taken with the rest of us, the joke is on you too. How bad did Haywood shareholders get taken?