Silliness

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Ascanius

Ascanius

USA
October 2006

SEP 04, 2007 09:13 PM

Uncognitive said:
douchesack sounds a bit too rustic for my tastes, unless Summer's Eve has a new model in burlap or something.



No, no. In the country it's douche-bladder. We make them out of sheep or goat bladders.

unfiltrator

unfiltrator

San Francisco, CA
April 2004

SEP 04, 2007 10:48 PM

oyaji said:

publicAnemone said:
How do you protect yourself from litigation from prior shareholders when you buy a publicly owned shell company?



This is a very interesting question. Why do you want to know?



Short Story:

I am sometimes (or rarely) a market and deal spectator. I don't have specific plans to implement a reverse merger because getting in between deals like that takes balls that I just don't commonly have. I can still swing my dick around but not for extended periods. Still that's the kind of information that for whatever opportunistic reason can be useful even 20 years from now.

Long story:

SPOILERS! (Click to view)
I had a rich relative who part owned a coal-fired power plant. That was enough to get me into a layer of random receptive rich folks often enough. They probably felt I was not a jealous serf and instead shared their aura of "justifiable entitlement".

Once upon a time that won me a commission-only hobby of phoning people all over the world trying to find 1 million tonnes at an undercutting price of cheap but high quality coal for a secret buyer (that bought 11 million a year); a friend of a college professor knew someone who knew someone etc. We were going to use the LOI to borrow money to buy the coal and cut in a middle slice. Searching for this coal lead me to a third generation coal mine owner who was trying to get capital to buy all of these energy assets that were getting sold on a post-Enron fire sale market all over the country. One of the methods he was interested in was reversing into the market by purchasing a shell company. He wanted me to help and thus I learned the first big problem was that there was a good chance the shareholders, from the company before it went "shell", were sitting on their penny stocks waiting for someone to one day put a single asset in the company so they could cash out with something.

I had balls two times the size of a normal man's at that time. Sadly I shared them with a risk averse wife so they were once again divided by two, and thus arithmetically normal sized again. This was evidenced because when the megabank I worked for told me to stop my hobby out of conflict (as I was Series 7 licensed with them), instead of going joblessly after this crazy cheap energy market situation, I satisfied my wife's preferred strategy. I mean ex-wife.

So I was just curious about the answer since I didn't get that far.



Now the second part of that question is: Can the only coal buying company in Israel own a coal mine in South Africa or does it always have to buy it from them by the tonne?

PerilousPup

PerilousPup

I'm lost
May 2007

SEP 05, 2007 12:15 AM

From spending time in corporations (mostly advertising), I have to wonder why it is that those within the corporation that tend to spend the most amount of money wastefully tend to keep their jobs, while those who tend to save the company revenue and bring in new business seem to lose their jobs.

I think it should be the other way around.

Should I view this simply as poor management? How does one resolve a 180 degree gap in perspective?

emotedcreations

emotedcreations

Germany
July 2006

SEP 05, 2007 02:26 AM

How did I know this was going to be you?

Actually, I do have a serious question for you, but I think I'll ask it in PM since who knows if you'll every actually see this post...

_DictionaryGirl_

_DictionaryGirl_

NEWSWIRE

San Diego, CA

SEP 05, 2007 05:04 PM

Dear overpaid corporate douchebag: please send me some o' that surplus money, kthxbye!

Wait, that wasn't a question. Crap. Hold on.

Ascanius

Ascanius

USA
October 2006

SEP 05, 2007 05:06 PM

_DictionaryGirl_ said:
Dear overpaid corporate douchebag: Won't you please send me some o' that surplus money? kthxbye!



Fixed

mydogfarted

mydogfarted

Oakland, NJ
June 2003

SEP 05, 2007 05:16 PM

oyaji said:

_DictionaryGirl_ said:
Dear overpaid corporate douchebag: please send me some o' that surplus money, kthxbye!

Wait, that wasn't a question. Crap. Hold on.



Desole. I need my excess cash for my divorce. NEXT.



If you're getting divorced, how do you have excess cash? I'm getting bled dry on mine!

unfiltrator

unfiltrator

San Francisco, CA
April 2004

SEP 05, 2007 07:13 PM

oyaji, which firms of the bankers that do PIPE deals (Private Income for Public Equity) are least likely to short the stock before the stock delivery?

Chainlink

Chainlink

Key West, FL
August 2005

SEP 09, 2007 07:33 AM

Why did this slip all the way to page 4 ?
Are overpaid corporate douchesacs born without a funny bone or does it just fuse to other bones and become immobile as they develop, like the plates in a babys skull ?

Tiger_Fodder

Tiger_Fodder

Braintree, MA
June 2007

SEP 09, 2007 08:13 AM

Who cares how much money you make besides you and your mom?

Tiger_Fodder

Tiger_Fodder

Braintree, MA
June 2007

SEP 09, 2007 08:23 AM

oyaji said:

InnocentSid said:
Who cares how much money you make besides you and your mom?



My soon-to-be-ex-wife, for one.



So soon you'll be half as poor...sorry dude!

meatpieboy

meatpieboy

Korea, D.P.R.
June 2004

FEB 09, 2010 07:55 PM

See? Wow.

ckdexterhaven

ckdexterhaven

USA
December 2005

FEB 09, 2010 08:00 PM

If only we could have it all erased from our memories.

phrogg

phrogg

Greenville, SC
August 2005

FEB 09, 2010 08:01 PM

Maybe he threatened to litigate.

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