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Re: DCorleone post# 4194

Thursday, 10/22/2015 10:26:45 AM

Thursday, October 22, 2015 10:26:45 AM

Post# of 32393
Kgs, it kills him to recognize the situation now is completely different then what it was a decade ago. Let's recap from the facts. late 2008 - market crashed, they lost $8M in funding because of the market, they put in $600K of their own money in the face of $4,500,000 of convertible debt to try to save the company and did the R/S as a last ditch effort in January 2009, but no one was funding anything still at that time. All after selling over $14M in products, with the Masterlock name on it through Home Depot. Facts are facts. Sometimes the recitation of certain facts without the background are done with the intention of painting a picture only certain people what to paint - for obvious reasons.

I really think this issue has be beaten down enough already. Time to move on. Non shareholder out to hurt management and other shareholders. Paid, vendetta, disgruntled, whatever, the CEO was right. Nothing more to say about this.

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