GREY:LBEFF - Post by User
Comment by
JohnEStromJron Nov 24, 2009 1:45pm
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Post# 16518762
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: puttin
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: puttinLegend7mm continues to waste bandwidth....
"And can you please stop referring to my manhood the obsession is getting really creepy and quite frankly totally gay!!"
I would point out that YOU referred to the designation of "7" as in you pants. As for it being your "manhood" if so, you were shortchanged and poorly endowed. You have a right to be bitter.
I can see you're NOT a math whiz [right up there with your spelling, eh?] When the ink dried on this fabulous "deal" [sellout] Jilin Jien received 85,732,763 shares equaling 51% of the entire company. They further received 186,994,510 convertible preferred shares when exercised would give them 76.8% of the entire company. Forget all the bullcrap about redeeming those shares - they control them. Period. And I'll wager Liberty Mines - FOR WHATEVER REASON - will never be able to retire those shares. See the 5-09 news release and do the math. Oh, that's right. The company did the math for you. :/
To go private a company needs to own/control 80% of the outstanding shares of a company. Do you NOT think they bought up those remaining 3.2 million shares? If you think that is not the case I'd like to talk to you about a bridge as you're surely one dumb son of a female dog. This was a highjacking of a company engineered by management and Jilin Jien - in my opinion. Time well tell but I know how I'm betting. You can do as you like - I couldn't care less.