Post by
Cavo12 on Jun 30, 2018 11:28am
NO MORE SHARES ARE ISSUED
Bobado. FMG is issuing Bonds. There are NO SHARES involved. It's pretty clear from the press release I'd say. Therefore there will be NO converg of anything. Possibly a review of the press release is in order. These Bonds are a Brilliant way to keep us shareholders vested, with NO FURTHER DIOLUTION !!!
Comment by
bodado on Jul 01, 2018 2:35pm
Doesn't make any sense, we'll see what we see when we see it.. I sold 2 weeks ago, 4650 shares. As clear as mud so far. Myn guess is this was a total FU of common share holders. We had no representation other than the judge who only saw what was presented to him by corporate representatives who were probably well renumerated to sell us out.
Comment by
rad10 on Jul 02, 2018 8:14am
Correct - insider ownership ended long ago with Kupinski selling out months ago. Obviously Thompson got "margin called" out of his offshore position years ago around the 8 dollar mark. The incoming CEO from TEVA - Oberman - didn't purchase a single share on the open market.