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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by hopeandaprayeron Jan 18, 2012 9:16am
237 Views
Post# 19416022

RE: RE: RE: RE: RE: Class Action against Said Ahlm

RE: RE: RE: RE: RE: Class Action against Said Ahlm

okay; that would be fine with me; I'd like .24 cents.

So, they announce .10,  knowing, behind closed doors, that they can, and will raise it - a bunch of people jump ship, and tens of millions of shares sell over a period of days and weeks, based on .10 dividend and the perceived future propects. Then, after these tens of millions of shares have been sold at .13-.16 cents, they announce, "Oh we've changed our minds, and are going to shut down and pay out the shareholder .24 cents a share." Or, those buying up these tens of millions of shares get together and tell the company, but virtue of their voting power, that all the money will be paid out to shareholders.

 

This scenario, you think, raises not regulatory concerns?

 

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