Tuesday, April 22, 2014 7:12:29 PM
I was one of the biggest cheerleaders for this stock posting all of my email replies from the company on all of the boards and how it looked the company was going to make up for the past. My Pom Poms were Flying high! Yesterday morning before the Tweet, they even emailed me to say the PR would be today and then emailed back to say "feel free to let others know". They I would do just that!
They knew full well what they were going to announce and to me, they wanted more investors in this yesterday before the PR today.
For a CEO to write an update letter saying:
"The past few years have not been kind to the shareholders".
"There is no doubt that the past seven years have been difficult for us all but I am a firm believer that every cloud has a silver lining."
And then say at the end:
"I would also like to assure you all that the company is not considering a reverse split at this time."
That is borderline Criminal! (IMO of course)
This is just the kind of company that gives Penny Land a BAD name! Yes, the PPS may go up once they announce their plans but no where near what it would have been by just announcing the LOI with The Tyburn Group and making it work with the SS they have now. THAT would have made up for the past shareholder issues and given everyone shareholder value!
And... That would be a company who actually CARED about making amends to it's shareholders!
All IMHO and everybody has one!
GLTA
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