MJC1
I have followed this co for several yrs now thru name changes and different business plans. I read several posters (I believe on Raging Bull) that mention their believe in the current co because of Ms Thompson's purchase of several million shs. a while ago. While this may be a good point, in that top management has an investment in the co., it equates, on her part, to a relatively small investment if you figure $100-200 thousand. This is not "big bucks" for a head of a co. My feeling is in addition to Ms Thompson's investment in the company is her long tenure and tenacity to make a go of it. Many co's that reorganize by changing their name and business plans completely go thru a number of CEO's. She, however, has held the company together thru these difficult times and I believe, has found the right approach to finally obtain stockholder value for us stockholders and for herself. While I could have, of course, sold most of my position for a small gain (not too small I guess) I prefer to hold for a much larger gain when this co finally succeeds. They have too many irons in the fire right now and one or more of them will succeed.
Well, best of luck to you and all the other on this board.
Charlie
Williamsburg, Va
AI
