Friday, October 28, 2016 1:05:43 PM
Respectfully, I truly understand the negative sentiments towards Ray Purdon and why. Heck, I even defended him at one time, but apparently, my judgment on character was wrong that time around. I think we’ve all been wrong at something at one time or another in our lives.
However, I had a close friend of mine reach out to the new management going forward to speak with them. For inquiring minds, contacting her was not rocket science as anyone could have researched public information to find her and speak with her. One of the main topics of discussion was if Ray Purdon is still involved. He was told that Ray Purdon is not involved with the company... going forward. The 45 million shares are relating to shares issued in the past, if I'm not mistaken. As you can see, 45 million shares is not a lot if the market believes in what QEDN will deliver going forward. The volume over the past 3 trading days confirms this.
The new management does not have the same loyalty to Ray Purdon as the old management had. I'm not sure if Ray Purdon is even allowed to trade anything or any kind of shares with him getting in trouble with the SEC. If he does, that will be on him, but the company is aware of him and his situation and is very aware that they do not need to jeopardize the welfare of the company by continuing to do business with him based on old management allegiances. Ray should know this too given his situation with the SEC.
The CEO going forward is a Certified Fraud Examiner and is very aware of Ray Purdon and is very aware of why he will not be a part of anything with the company going forward.
The death of the previous CEO was not something that any of us was wishing or hoping for I'm sure, but it does mark a new beginning for QEDN to where the new management will have a chance to move forward and earn their credibility with the market. If they do this, the market will always have a forgiving heart. I have seen this happen with plenty of stocks over the years as the ball is in their court.
Also, months before Tom had died, I spoke to him about the now new management. I liked Tom, but I was recommending that he stepped down from being the CEO to give it to the people that are in control of the company now. He was going to step down at first, but then he believed that what they had now going on with the Inca Nuts (Sacha Inchi seeds) was going to be so big that he still being the CEO would help him to earn credibility back with his name and credibility back within the market. He use to read the forum here on IHub and it stressed him out tremendously with what some were saying about him. I asked him to stop reading the forum to allow such to stress him out. I told him that if he does right by his shareholders and grow the operations, the market will forget about any failed endeavors in the past. Before Tom died, he spoke very highly of what is in QEDN now. Also, before Tom died, he confirmed that Ray Purdon had absolutely nothing to do with bringing in the new management that’s on board now. Anyone speaking to the new management will confirm this too.
v/r
Sterling
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