GREY:QSLRF - Post by User
Comment by
mercurysmithon Mar 21, 2015 12:22pm
121 Views
Post# 23546853
RE:RE:RE:My comment
RE:RE:RE:My commentXie has 9,650,333 shares remaining. Even at $.04/share that is only $386K. An easy buyout.
I believe the CEO and his brother have no shares left (although the CEO habit of never timely filing his insider sales makes it difficult to know for certain). I now question how much money the CEO has lent Q --no doubt some but I now doubt it was the lion's share of what he sold. No way he can legally end up with the IP.
It will be interesting to see what crumbs (if any) are left for existing shareholders when the German group buys out the IP.