InvestorsHub Logo
Followers 100
Posts 7218
Boards Moderated 0
Alias Born 04/26/2012

Re: justasupporter post# 682

Saturday, 06/21/2014 5:01:21 PM

Saturday, June 21, 2014 5:01:21 PM

Post# of 817
Up until the day he announced the deal he was responding to me within a couple of hours of my emails. Once the deal was announced and it was not what we all expected he stopped responding to all emails. What is going on behind the scenes I have no idea. Probably not much, if anything. To my knowledge none of the deals you mentioned and he has announced have come to fruition or have been completed. I doubt any will under present circumstances. He did tell me in his last email that he knows it is very difficult to get off the grey sheets. I don't think he is even going to try. As far as I know he is still attempting to sell off parts of the company to return some value to shareholders. I don't know if he has had any success selling any other parts although I believe the Cascade sale is a complete failure and will be surprised if shareholders ever do get those shares.

I, personally, have lost confidence in Parilla completely. I took my loss on the stock on Thursday and have moved on. I did so not only because I don't trust him any longer but also because I am getting worried about the liquidity in the stock from here on in. Volume is drying up and I believe it is going to get harder and harder to sell shares at any price. A hard and expensive lesson was learned here.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.