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Re: BobKS post# 5974

Friday, 09/02/2016 8:24:16 AM

Friday, September 02, 2016 8:24:16 AM

Post# of 8579
Good morning, BobKS, and I commend you on your "catch" via cross-referencing data sources. I would agree that the departure of the guy responsible for product development would be a serious negative development, and I would add that any delay in the company's furnishing an 8K, as contrasted to their prompt issuance in regard to Justin Moreno, would be an even more serious development.

But maybe the most negative development would be the instant overhang of the shares owned by Perlingos (just under 13 million per page 75 of the 2015 10K). I quickly hasten to add that I'm not familiar with SEC rules on departing executives needing, or not needing, to register their shares or in any way being compelled to contribute towards maintaining an orderly market.

As always there will be (at least) two sides to the story, and I look forward to the company's side of the story. Leaping to conclusions is a longstanding weakness of mine which I'm trying to address in my old age. I bet you're keeping an eye out on the ijoy website (I haven't looked to see if there is one) to see if they've added a new executive...

Again, my compliments and wishes for a good Labor Day weekend.