GREY:ADAIF - Post by User
Comment by
Knuckles2on Dec 02, 2009 9:58am
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Post# 16544670
RE: RE: Why the selling?
RE: RE: Why the selling?You mean shares outstanding as opposed to float? Most of those 500 million shares are locked up in the hands of the new shareholder and management.
I like your idea to focus on their main business. I think it's not being done because of conflicts due to cross ownership of shares held by Will, Terry etc, in both companies. If it all works out in the end noone will mind but for now it's crippling progress. I was hoping these things would have been cleared up with the arrival of the Australians who are probably aiming to make ten times on their investment at 3 cents a share by being bought out at 30 cents some day soon.