RE:RE:# of SENS shares we will getedmed wrote: The problem I have with all of this and what seems to be eluding shrareholder is that IMO we as shareholders have lost 75% of the value of our investment in Foxtech.
We are to be given only 25% of the value of foxtech as 11, 875,000 shares of the new sensortech.
Andy we don;'t even know how and when we are getting that !!
Also the rest of the shares which amount to 75% of the value is to stay locked up with management to do what with????
sell off slowly to pay overhead expenses? for IEQ???
also no mention if royalties paid in the future will ever trickle down to we the shareholders...or again will they go into IEQ coffers in order to pay overhead, Allans's Salary or to finance future ventures by sensortech. In other words the company is going to use OUR money in order to run their bussiness !!!!!
Either way we as shareholders gave up foxtech for 25 cents on the dollar.
This is how I see it.
I do not understand why the entire 47.5million shares are not properly distributed to shareholders.
I have never seen anything like this in any other stock I have ever owned.
How can a management withhold shares that are obviously the property of shareholders in a deal that they cobbled together to transfer the most valuable asset a company has to another company?????
Does no one else see this or am I totally out to lunch?????
edmed
I tend to agree with you. 100% of the reason the current share price sit where it is at!