Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
This is pretty much how all shares are. The LTH’s who were positive about this stock are now the de-rampers warning all new investors to beware. The new investors are now the rampers calling the previous rampers trolling de-rampers. And round and round it goes! Quite funny if it wasn’t so fckuing unfunny!!!
‘Every man for himself!…..’
Let’s hope Kravitz isn’t only cleaning house but has come across evidence that will not only enable the SL to continue with their original investment in a company with a going concern but will also prevent the rest of the crew from making too much of a fuss when he tells them the bonds no longer stand. Tom will be next to ‘get your coat’. Is Art still president of COPLA?
I think Ryan Gaffney the CFO has got to get the longer prison sentence. He will have been the signatory on all the financial deals. Maybe they chose him because he’s the youngest and will withstand a longer stretch. And can run away from amorous cell mates. Although they probably forgot to mention to him a cell is only 3m x 2m and not 26 miles long!!!
If both convert they would have to keep hold of the shares to then put in an offer to buy the company. If they’ve done a deal with each other and a possible buyer. Anavio could put in a low ball offer, knowing they can then sell at a profit to the buyer. Tosca would have the majority voting to accept the offer and the buyer pays enough to cover the knock down price plus SL outstanding at circa $35m dollars. BH’s come out with a reasonable profit, buyer gets a billion plus barrels of oil at bargain basement price and SH’s get whatever Tosca accepted at. Just need to know what the highest paid was. It may even be the other way around where Tosca make the offer. Would all depend on who paid the lowest amount. Just a thought!!