TheDirectory.com Inc (SEEK)

[rhumphre1]

Hopefully the quarterly/annual numbers will support your calculations. Shareholders have ZERO knowledge as to just WHAT Scott G. can be up to in generating more debt.

We all know ERASING DEBT is a very hard task for CEO's. Ideal situation here would be the sale of SEEK in a quick turn over deal. Could very easily POP THE TOP on this one if that was to show up at some point this year.

If it was 2015 then I would expect a R/S prior to or in conjunction with that event. Either way, the share structure of SEEK is way out of balance and I do NOT see it clearing up anytime soon.........that is a boatload of shares to " buy back ".

IMHO, most CEO's would rather use the shareholders " equity " in the company as a leverage in doing a R/S!! They hope they don't cut and run but 90%+ of the time they do and it DESTROYS the company in the end unless they have a STRONG buyout offer on the table.

TIME will tell the tale at SEEK!!

GL2A.........GO SEEK !!!!