Entertain this thought. And please contribute suggestions on how to make this squeeze really hurt.
The offer would be for every 100 shares of affy (now $10 total value) you'll receive 1 share of LongFellowsHoldings plus a warrant to purchase 1 share of new affy at $20,000,000 per share. Warrants would become exercisable 32 days after all outstanding affy shares have been received.
I'd appreciate someone attending tomorrow shareholder meeting to deliver my fictitious offer and ask TBG if they could craft something along these lines. If we catch just 2 shares short...
BTW I'm not that young to think that the system works the way we have been told it does.
I think if you were to buy 40 million shares for 4 million dollars a document would turn up where the BOD has authorize giving some exchange member the right to purchase treasury shares to cover their short. I could be wrong but it wouldn't surprise me.
You'll notice this offer doesn't require any further cash from the shareholders.
Although I previously suggested something akin to this I think the addition of the warrant covers a risk the previous plan could not. What was lacking was how to prevent day traders from running off with a quick small profit at the expense of the shareholders as a whole by selling out individually to shorts. Under this plan all outstanding shares would be unavailable to short in a flash.
Now you know they can't afford security.
How much did you make for all the effort you put into your nonstop bashing.
What relationships exists between you bbonds and gwp. Are you all the same devious liar.