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Re: PennyWorld post# 26020

Monday, 04/21/2014 11:30:11 PM

Monday, April 21, 2014 11:30:11 PM

Post# of 36792
Penny, just because someone sold 166 Cetek shares at 60 cents at the end of the day doesn't mean a thing. And I'm not going to waste my breath arguing about what is essentially a .0001 bidwhack when the stock was trading pre-split at .0001 to .0002.

Please read my posts and Ramspace and Penemy's DD if you want to know the source of my optimism. You tried to build everyone's expectations that a PR would come out this morning, and as you will recall, I burst your attempt to inflate that balloon by telling you I flat out didn't expect one today, and I was right. Obviously, the shareholder friendly move would have been to provide a PR on April 1 with the R/S filing, but as you can see, Mr Hilal isn't yet in shareholder-friendly mode. However, he has put a lot of updates on the website and the NY SOS filing and the size of the R/S that give the long-term shareholders a pretty good insight to what is going to happen.

Penny, after 10 years, you have suddenly adapted a flipper mentality. Your shares sat at no bid for at least six years out of the last seven. That was a big goose egg in your account. And right now there's at least a positive number in your account.

A little over a month ago, you decided to turn down $20,000 for your little Cetek nest egg. Obviously, you had trust then Penny that Hilal would do the right thing. $20,000 doesn't make you rich, but it's a considerable amount of money that you don't just toss away. Why did you toss $20,000 down the drain Penny? You obviously felt a month ago that $20,000 was well invested in Cetek stock or you would have sold. And now you can't tell us often enough that you don't trust the CEO. It just doesn't make sense Penny. You left $20,000 invested in a CEO that you think is almost certain to screw the shareholders, including you.

Others here are invested in Cetek because we think despite the fact that Mr Hilal is a communication-challenged non-considerate person, that he has built a good profitable company that will someday trade at a valuation reflective of its success. You on the other hand have left $20,000 at risk when you're almost certain you will lose everything. Why would a smart rational person do this to themselves? There' a lot that you could do with $20,000 that would be way more fun than bashing the CEO on a message board each night.

Just think, if you had sold for $20,000, you could be posting from a tropical island somewhere how much smarter you were than all of us. And we'd probably be agreeing for the moment. But you knew Penny..you knew he would remain silent, and yet you rode the ship down, for at least the time-being. I ask again. Why would you do that? you knew and yet you tossed away $20,000. Why would a person do that? Doesn't that make you more foolish than all the people who are invested because they think the CEO will eventually act in the shareholders' best interests as well as his own?