Tuesday, September 02, 2014 6:09:38 AM
Realistically taken, the company has done nothing to increase the credibility. Some CFO or whatnot is a joke to trust. They hired some more guys into BoD that just take money and do nothing, maybe Dan trying, hard to say. At least he can communicate during the CC.
The rest is ultimate failure company - failed FN listing, ridiculous application for Nasdaq (seriously?), ridiculous financing via dilution at any price, failed attempts to get a bond financing (yep, Yap!), failure to pay out a dividend promise after several years, hardly any growth in EPS anymore and I could go on.
Maybe you see it on the bright side and good for you. I see failure after failure and to be honest - at this points its not that much important if the company is fraud or not. The point is - they are incredibly shareholder UNfriendly. And have always been. Of course it all about the long-time praised CEO with his 5-year plans that always fail on the shareholder side. Pity he forgot to tell those guys on tour that they are a part of the plan as endless ATM
The rest is ultimate failure company - failed FN listing, ridiculous application for Nasdaq (seriously?), ridiculous financing via dilution at any price, failed attempts to get a bond financing (yep, Yap!), failure to pay out a dividend promise after several years, hardly any growth in EPS anymore and I could go on.
Maybe you see it on the bright side and good for you. I see failure after failure and to be honest - at this points its not that much important if the company is fraud or not. The point is - they are incredibly shareholder UNfriendly. And have always been. Of course it all about the long-time praised CEO with his 5-year plans that always fail on the shareholder side. Pity he forgot to tell those guys on tour that they are a part of the plan as endless ATM
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