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Re: Level2Me post# 55891

Tuesday, 05/17/2016 12:49:08 PM

Tuesday, May 17, 2016 12:49:08 PM

Post# of 63559
Nelson sold 100% of his shares in 2014. Then gave himself more with some jokes of performance targets. One target was to get $10M in revenue. So basically he just dilutes the crap out of the company, buys a company with $10M revs that he can't even manage and says "look now I can give myself a huge bonus". Literally anybody could do this.

Neither he nor anyone else in management buys meaningful amounts shares despite telling us how cheap they are. He had his friends he appointed to the board of directors give him a $250,000 cash bonus though.

Nelson is a total joke of a CEO. He lives 500 miles away from the company and has admitted he has no idea how to run a solar installation business. All Nelson does is try (badly) to pump the stock and pick which companies to buy, and he isn't batting .1000 on that either. MD Energy looks like a bust which is why they don't report their revenues separately anymore and their CEO took off.