InvestorsHub Logo
Followers 55
Posts 5266
Boards Moderated 0
Alias Born 06/15/2011

Re: icashedin post# 200078

Monday, 07/28/2014 11:01:24 AM

Monday, July 28, 2014 11:01:24 AM

Post# of 241026
"But this is penny land. "

Well that it may be and is...BUT... you get no free passes and you are accountable still for ones actions. He is being held to accountability.... he doesn't get to hide behind anything. Pink sheets may shield him from his business accountability but he as a CEO and as a man doesn't get to hide behind a Mama's skirt.

" Eric's personal family matters have nothing to do with making money in Penny land."

and this is where I am in total disagreement. Remember the COUNTLESS commentary that involved Eric's own words speaking of NOBILITY and credibility??? Well Eric's actions in his personal life always have a reflection on his business life. He compromised and deceived his shareholders/investors...those are credibility attributes and that switch doesn't get turned off when you walk out the office door. It's why its called a reputation or a legacy. What he is willing to do at all cost measures is a reputation he gets tagged with. So that attribute of family matters and how he operates outside of the office walks hand in hand with each other.

"But the expenses are now inline with making money."

ARE YOU KIDDING???? He is operating with TOXIC death spiral 3a 10 financing through Southridge. His business just dropped -45%. Do you understand what this kind of TOXIC funding means? the far reaching effects? This is desperation financing at it very worst. His expenses are mired in all this and there is no way that the numbers will reflect being in line. This company is losing its customer base because they have no cash and credit. He has made millions disappear and you tell us he is in line? His supplier is holding back on shipping due to no cash ... He does one thing well. He dilutes and he is a PINKY tactician doing so.

Chin Up!