Post by
romara on Nov 04, 2009 9:59pm
Brown Envelope in the Mail
I got a brown envelope in the mail today with all kinds of goodies....telling me about insiders who post on the board and state they are disinterested voters, who can only see one way to vote and that's for the Inducement Warrants...heh....how about that?...that's dirty pool....just gives us Disinterested Voters more clout to vote no.
My research is right now is.....Are these Inducement wrrants something new?....or were they part of the original package of shares and warrants? ....That is going to be the question that I will have to answer.
If this was an added on to give people sweetheart warrants to friends and family and ORIFER SA.....with these Inducement Warrants ORIFER SA will have almost a 50% ownership of YNG....ownership by issuing of warrants to themselves....To me outright thieves......
I think you shareholders out there should start reading back NR's to see what the facts are...and what is going to happen............Richard
Comment by
romara on Nov 05, 2009 7:10am
aristo, thanks...I will look at that later today...I have to go out of town early this morning....but I will be going through all the NR's....it seams like these Inducemet Warrants will almost double the number of shares from the mid 300 million up into the mid 600 million shares....stealing a company by floating warrants for the insiders......Richard
Comment by
romara on Nov 05, 2009 11:20am
What can I say....just give me some time to digest all the numbers....then I will post them....Richard
Comment by
aristoenigma on Nov 05, 2009 11:32am
Hey there Richard. It's worse than that. The outstanding existing warrants (not inducement warrants) will almost double the shares outstanding. The point everyone is trying to make is that if inducement warrants are added and get overlaid on top of the existing warrants then the shares outstanding could almost TRIPLE. Just not acceptable.
Comment by
arthur7440 on Nov 05, 2009 3:42pm
Notice to anyone phoning Nicole,,,she will be out of the office for a couple of weeks, Artie