ENDI Corp (ENDI)

[zsvq1p]

A mayor of a community just north of Indy recently paid a writer of the New York Times to write an article or blog about how well the city is being run by the current Mayor. The Mayor bought the article and beat up on a very vocal Mayoral candidate who did not like the fact the city was being taking into a $ billion debt for a community with only 80k residents.. the mayor had all these finance schemes where the State did not have laws to protect this city. New legislation was passed to stop this abuse this year.

A company I once owned, who's CEO is now in jail, paid people like this blog to write things.. plans.. etc.. The intent was to pump the stock so they could sell..

http://www.scavengerreport.com/2014/06/18/sitestar-corporation-strange-happenings-at-this-tiny-real-estate-play/

It would not surprise me if Arquitos Capital Partners, LP or Moore did not do the same here.

They want this company in play.. not to help us and support shareholders.

Look at the conclusion and tell me what you think?

With one business segment dying and the other potentially undervalued on the books, it looks like a good case for liquidation. However, I am sure current management does not see it that way. For now, I plan to stay on the sidelines until it is a little clearer how management intends to proceed unless a falling share price presents an opportunity.

What a joke.. "I plan to stay on the sidelines.." Passive aggressive bull shit.. What the heck?

I want to show you something.. Mr. Gray. Nothing is falling as you want to point out.. Look at nearly 3 years.. Huh?


People see the potential of this little company and bid it up like the way the market is suppose to be. What is ethical in my mind is for anyone who might like this company to bring it more value in ways shareholders benefit. The problem with a penny is how to get out.. without crashing the price. This is the problem these men have. And this is the risk with a penny stock.

Franks mistake was to put this man on the board. "he got my age wrong.. my address wrong".. that is ridiculous. It is an ego trip by a kid. If he did not send a message he is going to steal the company, perhaps he would have seen openness. Who is really the one operating in secret?

My grandfather owned a newspaper agency. I would visit his place and he had old furniture, wrinkled, paper and machines, some working, some not, papers all over the place, an old 1950 coke machine, the smell of cigars, etc.. At first glance an arrogant young immature man might come in and see this and say.. "I can do better than this.." Oh you think so huh? So my grandfather got sick and a young woman took it over... Only to take it to failure..

A customer of mine who was making a good living.. Nasty office and plant with things not lined up exactly perfect. So he let a partner who promised all this "new business" and growth.. only for him spend money on nice landscaping.. cleaned it up... Yes, the focus was not on the business but the appearance of the business.. Cost my customer a bundle.

so these guys can use that "tactic" and it is MEANINGLESS to me.

Looks like a good case huh? Liquidation...

I am sure my father and I will make some money.. but what we lose is a potential to make some GOOD money.

Stock trading is funny.. it happens on all levels... You can be a Eli Lilly and build and build with new drugs to slowly gain values.. or you can do schemes.

I honestly believe these are most likely schemers. Rare are men like Frank. Many of us around since 2000 know how he operates. I have only met him once, chatted on the those meetings, and chatted a few times on the phone and in email. Always friendly, always willing to answer what he can.. He is a good man..

We need to look at his history. He did not Reverse split shareholders out.. never went to those shyster convertible promissory notes, he fault off all those folks who wanted him to pay bloggers. He never diluted the stock by paying himself in shares. We all knew dial up was dead and rode up to the end of the product life cycle. He was very methodical the way he handled Manlunas. He has tried things we suggested.. like buy backs, used the stock once to make a purchase.. Dash made a mistake.. Not Frank.

There are things that happen behind the closed doors we never know about.. we don't know one of these guys might own that $900K debt that company is attempting to steal from Sitestar.. perhaps they bought it for fractions or pennies on the dollar..We must settle, not fight type plan.. who knows? things to think about.

No doubt Frank backed himself in a hole on this one. We learn from mistakes.

My cousin just got ousted from his public company. He started it as a kid, grew it from zero to over a $1.5 billion company. You have to trust people along the way and eventually, schemers with lawyers, disgruntled employee and crooked congressman finally got what they wanted.. sucked money from the company. AMED

And I will say this, I know many lawyers. My wife is in the biz.. MOST ALL don't know crap about running a business.. but very good as sucking money out of a business with slick words and laws passed by their piers over time.

Frank is still a young man. He is patient and kind. Proven. Rare in a penny and we have the opportunity to really make some money.. or bring his business to an end. Frank could take a hit on his own and then continue on the road to success without us. He doesn't need shareholders.

So what.. he is new in this market and business. I say he is going to figure it out.



This is my opinion.