Problem is
I learned more aout the challenges Netwolves faces from those negative posters than I did any of the positive posters. They gave me information about issues to focus on to see how well the managment addressed certain concerns. I asked a few questions on the CC to get answers direct from managment on issues that those negative posters posted about, and I was glad to have the leads to get to those concerns. As far as their answers, I was OK, not totally happy, with managements' answers, but at least I know some areas to be looking into, THANKS TO THE "BASHERS".
I feel at a great disadvantage not having someone pushing me to look at areas that put this investment at risk. I understand deleting posts that are continual repeats within the same day or couple of days, but other than that, the information provided by those "bashers" are the alert signals that help me limit my risk. An attitude of ignoring them or disallowing their posts, puts my investment at much more risk and makes me much more inclined to sell out because I do not have a good feel about the negatives I am up against.
I am extremely concerned about the latest financing deal where they have put all the assets up as collateral to that last set of IBs. How much am I at risk of losing the whole lock, stock and barrel if management defaults on that loan?
I am hanging in for the possible buy-out, and ONLY for that, but I am extremely concerned about their cash position and debts. Not happy that they did not achieve CFP this quarter like they had promised. I thought that loan would provide the extra financial boost to assure that CFP, and they still did not achieve it, except for one measly month. If someone is going to buy them out, I would think being CFP would definitely increase the dollar amount we will be paid to buy our shares.
