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Thursday, August 07, 2014 7:53:57 PM
I believe he fully understands we don't want him to R/S but I don't think he fully understands we will 100% get wiped out regardless of what he does to "protect shareholders". Berge is learning as he goes and he may be getting bad advise from his board of directors.
If Berge in fact reverse splits I really think he believes he can protect us through issuing dividends or whatever else CEO's do to help. Last thing I want is an apology from Berge "Opps I am sorry it didn't work out as planed."
Let me be clear guys Berge now regrets going the toxic debt route and he was fooled and cheated with some of those loans which he later realized just how bad they were. It's easy for him to use that as an excuse it doesn't cost him anything but those mishaps cost us millions of dollars and the last thing I want is another mistake, mishap, misconception or whatever you want to call it to come from a R/S. He has a lot on his plate and understandably he is learning a lot as he goes but a R/S now is something we will never recover from.I urge you all to contact Berge regarding this and I'm sure RnR and other long time penny traders can chime in and give more details WHY a R/S does not work out in penny land.
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