TeaTimeNowWhen you call Glenn and ask for the maps..............Ask him why he does not sell a little RZZ from time to time, and use the $$$ to buy back some GZZ from time to time, dollar for dollar, as long as we don't have to pay cash taxes on the RZZ sales?
Reason being, GZZ trades at a 36% discount to the value of its RZZ stockholdings, right now, and have been at about the same discount more or less for the past few years, and Glenn M. and the brain trusst running GZZ have not taken one little bit advantage of this.
I am giving no value to our royalties and shareholdings in these subs, like IZZ.
Alternatively, ask him why we don't just merge GZZ into RZZ at the fair value exchange of shares basis, and ELIMINATE the dublicate G&A structures, options, warrants, salaries for mgmt and BOD, and just sell or spin the royalties and sub companies into a seperate entity or othe public royalty vehicle?
I am tired of the double dipping here at GZZ/RZZ by Glenn and CO. , mgmt and BOD.
I see about zero value added by this team, whatever we have gained has been lost in fees and G&A IMO!!