Idle Media Inc (IDLM)

[wadirum1]

By "he is related to a stock that starts with S" do you mean Frasier? And are you referring to a sponge-selling company?

If so, I highly doubt it.

Also, I don't think that Frasier is playing anyone here. Going public was NOT in his financial best interests. Never should have done it.

But we all make mistakes. And it is the measure of a man what he does to take responsibility for his actions. Frasier could still decide to step up -- especially since it could be a win-win situation.

Right now his actions are detrimental both to shareholders and to himself. Perhaps once he gets over his anger at the situation and once he gains more experience as CEO, he might have the perspective and maturity to help us (and himself) to better returns.

I'm not saying I expect this to happen. But I see some real negatives from pursuing a class action. So, I'm just not sure about what to do other than to hope he sells or gets to a better place where he can be a normal CEO.