OTCQX:SREMF - Post by User
Post by
Maolain1on Oct 20, 2014 12:30pm
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Post# 23043676
Clark owns 3.4+ million shares
Clark owns 3.4+ million sharesRegardless of how crooked one might think management is and whether or not they are simply squeezing out salaries for another couple of months, the fact is Clark has nothing to gain by a few months of salary and everything to loose if he can't get the ship turned around in the best interest of shareholders. You can bet that what ever deal they get done, it will be the best one available to shareholders at this point. Sounds like if had he taken the restructured deal from the financiers once the stock started tanking, all shareholders would be gassed already anyway. It will be interesting to see how much of a of a pounding shareholders will take in the end, but you can be certain it would have been worse with the vultures that tried to scoop it for nothing last month.