Friday, January 16, 2015 4:10:13 PM
So we will have the opportunity to vote.
Let me go through some of it and give my opinion.
I personally liked trading this stock. I have no problem with not voting on board members myself. And it has done pretty good because these guys have run it up. Now they need an exit strategy because this penny, like most, is not liquid. If they try to sell, they get pounded.
This is the real reason for the vote… They want control... To end this company and likely have no money to buy Frank out.
I think if they take over, anyone who owns this stock other than these guys will lose.
We know Frank. What damage has he done to you?
There was a great penny trader once on a blog trading SYTE, Dandy. He always told me we will never make much money on SYTE.. it really takes shysters to manipulate it. The pump and dump type things. Is this what you want? How will you know when to sell at the best possible time?
Jeff, “Mr. Erhartic appears to have had a skill in buying undervalued properties.” Have flipped houses myself.. You make the money when you buy them. Frank has entered at the best possible time. These men had nothing to do with that choice. They just want to pressure Frank into a quick return.
Let Frank work on it for awhile.. He will slowly build the rents. That is what he did with the internet business.
Frank is not going to get us into trouble. He manages cash well. These men haven’t a clue how to maximize the cash from the dial up. Nor will they be able to settle that lawsuit because if they chase Frank off it might not help them. As you can see by the filing they just are lawyer spenders.
As for that comment about a former employee… Really? I have found in life, former employees are more that often former for a the main reason.. They got fired. Did they get fired? Disgruntled? If someone accused me of misbehaving and a former employee was the proof.. Knowing I would do anything but quality.. can you say defamation of character lawsuit? Especially if you win a vote taking my company from me. I hope the all have a copy of the personal files. This is all just immature kid stuff.. Just like the ages these men and some boys are.
“We have come to the conclusion that the majority of the current Board does not have the requisite ability, knowledge, or interest in gaining the necessary skills to lead a Company with outside shareholders.” What this really is people that cannot take the word.. NO.. I don’t want to do it your way.. Your way is a temporary trying to “pop the stock to get out for a quick buck.. that is not what I want brothers. Get me 25 cents. I want slow.. progess and give Frank a chance to do exactly what he did a few years ago. I can wait 10 years...
This is already bad judgment by even suggesting 9 members. Can you only imagine all the creative spend each will want to do? Spending so much on a penny means.. Well, I will issue stock dilute others and NOT dilute my own shares.
Jeremy K. Gold, age 22… Are you kidding me? A kids brain does not even finishing developing until age 28. A 22 year old priority in life at that age is to spread his seed. Come on guys.
I just don’t get why we should trust these men..
IMO, they drive it into the ground.
We have no clue what they are going to do….
Sure.. things like monetize a web name or so.. Big deal. I cannot imagine with all the new dot ?? coming out that is worth much. They bring a couple of small time real estate folks who we really have no proof they are even telling us the truth! So scale of different between Frank and these guys? Not much.. It boils down to trust.
A bunch of private equity guys who are lawyers.. Greed and selfishness.. You decide who to vote for.. They are trying to STEAL.. do you want to participate in that? Vote No if you get a proxy.
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