BNT CEO takes shares off the table, boosts ownership for the public.

I know that BNT is highly criticized for its actions at times, however i feel that it's a well run company in spite of all the political drama. I've spent time with most of the VPs and feel that they are focused and passionate about making BNT the best it can be. Yes, like any company there are issues that must be addressed. However, the fact remains that there are many public positives that get overlooked.

It seems this was never picked up by the press:
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From Nov 8th -
http://ancapex.net/home/story/BNT/26

BNT NAV = .60 Due to Stock Restructure
Please note that as we deleted 67 million shares of my BNT stock, to bring BNT into compliance with the SLEC's 60% rule (which we are not obligated to comply with as BNT IPO'd prior to the rule being passed, but felt it was important to comply with the spirit of SLEC standards even when not obligated to do so), BNT's NAV from its Sept 10 financial statement should be revised upwards to .60 L$ per share.

Furthermore, the completion of our stock exchange project adds significant value to BNT itself beyond the enhanced value to its land. We believe investors should look toward the next quarter financial statement positively in this regard when they are trading BNT.
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Aside from the SLEC (which, before you flame, is not the point here), I believe IntLibber has listened to shareholder sentiment. A lot of shareholders, including myself, have always felt that the total count was too high and have said so many times. By wiping out his own shares, IntLibbler reduced share count from 130 million to 63 million shares. His holding of that float amounts to 38 million, or roughly 60%.

I feel that this is a positive for shareholders of BNT.

Ash

[Full Disclosure:
I've been a client and landholder of approximately 1/4 of Nolan for seven months now. My company, Wickster.WorldWide, is HQed in Nolan with holdings in 4 other non-BNT sims. I serve as an independent director and adviser to BNT. I have built my holdings to 550,000 shares. I know BNT is not for everyone and my personal investment objectives may vary from yours.]