What a bunch of crap! Now I'm going to post a diatribe. Read it if you want, skip it if you don't but I am going to say it all.
How many investors went out over Christmas and picked up their products for themselves and their family members? I can tell you on the other boards I read their were many. And how many investors advertised these products for them by word of mouth, putting likes on their facebook pages, or showing off the products they bought? A chit load I will tell you that. Investors here supported this company on so many levels and this is not how you conduct business with your shareholders if you want respect, commitment and loyalty.
You could be right. This might be a necessary beneficial action for this company to do because they are in the know of the much greater things happening but they are leaving the investors out. When you read this board it is one huge guessing game as to what they are up to because they are making it that way for us. I can't tell you how many post are written making statement such as "well I think that because of this....maybe it means this...but it might mean that....but I'm not really sure, bla, bla, bla," Fact is the investor sentiment is what is keeping this price down more than the dilution because they just don't TRUST Ascent anymore because Ascent doesn't give them a reason to. Why couldn't Victor put out some kind of company update to his shareholders of where and what the progress is that they are making before doing this, to reassure his investors, and prevent a mass exodus causing the share price down further? If they have a sound business plan, why aren't they giving updates. Good CEOs do that all the time. When Groupon had difficulties this fall the new CEO actually started a blog and informed investors of what was going on with the company and his plan. It made a difference. Maybe you could call it pumping or say that it could still be fluff but at least they are trying to preserve the share value. Like this little tidbit for example. Why aren't EnerPlex products being shown on e-bags anymore. It's only been a couple of weeks. Why is that? If you read the other stock boards, there are a hundred guesses by the investors as to why and most are not good. Again guesses and not any real information.
This is the kind of action that thousands of shady companies pull on their investors to screw them out of their investments all the time. They pump then dump. I am not saying it is a fact happening here, but it is not unreasonable for people to be suspicious and upset, no I mean furious to see this happen when they aren't sure what the hell the company is even doing. You would be a fool not to question it and should be mad without real answers. And the shareholders that are hurt the most are the ones who are most loyal and don't give me this crap that if you hang on you will be rewarded because the people from early 2014 and beyond would be down to sub penny if they had.
Yes we all know every investment is a risk, but a decent company keeps their investors informed and makes respectable attempts to keep the share price at it's proper value. When they don't, people DESERVE to bitch.
