Stevia Corp (STEV)

[sparkholiday]

Even if this is all according some great plan (the one we've been awaiting news for "anytime now" for the past nine months), PR'ing this at the bell on a Friday with no explanation is so monumentally stupid that it makes it hard to believe that George could pull such a plan off. Yeah, I'm sure great things are right around the corner... The 250 million A/S was one of the most beloved things about this stock. Remember the old battlecry during dilution? The one about it being no big deal, because there were, after all, only 250 million shares? And now that that's rubbish, we have excuses with people talking about institutional investors. And then they have the nerve to let us vote on the issue. Splendid! A one share/one vote deal that sounds nearly impossible to partake in by proxy, with a CEO that owns a third of the shares! What a lovely, democratic gesture!

The financials have been great, they truly have been. But this company needs to hire people that are capable of not urinating all over a growing operation. Still no news on the hemp harvest, no hemp purchased from others in Vietnam in the meantime to get products on their websites and start testing their viability, and now we're talking about synthetic CBD and going on tangents about a six month old CNN special in PRs. I don't care if you've talked to George on the phone - he's still doing a bad job. And this A/S increase is the dumbest thing yet. If you don't want investors making negative assumptions about your company's future, don't go out of your way to paint it like a turd.