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Re: A deleted message

Friday, 06/16/2017 3:42:52 PM

Friday, June 16, 2017 3:42:52 PM

Post# of 24391
Hello Common Man. Yes some days 30 to 40K shares have traded. ON many days, it has traded something on the order of 20 shares or less. This company has NO intrinsic value. It is using stock as currency to cover severe operating losses and of course to protect the CEO's position despite the fact that he has performed miserably by any measure. In most companies the board of directors provides some check against rapacious management. Not in this case. The fact that I inherited this is irrelevant. The stock is being destroyed and I have no desire to provide funding for a miserable management while I get diluted like crazy. Relative to my stock and bond positions this is insignificant. I object to entrenched rapacious management for the principle. I feel very sorry for the chearleading squad of small investors who are being taken advantage of. The 10q and prior financial statements which i've read were so blatant in disregarding shareholder rights. I don't know this obviously, but I suspect that a few shareholders have sizable positions relative to their net worth and they will lose everything. I and the other common shareholders have every right to be protected fiduciarily. If this company had value and a technology that had any value, it would have been snapped up by a company like Fire eye or Mcaffee or even microsoft. The technology, which I question the validity of, is at best outmoded and with negligible Research and Development spending which is practically nonexistent.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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