FOR ALL TRUE LONGS WHO ARE STILL CONFIDENT IN SLJB:
I think it would be worthwhile to read what I have to say. Much as I'm sure it has been for you, this day has been hard for me, as I really can't afford to lose what I have invested here. When faced with adversity, however, instead of screaming, crying, threatening and/or insulting people, I try to get to the root of a problem and fix it, or at least understand it.
In that light, I spoke with both Leslie and Dave at the Harrow location this afternoon. Both are long-time employees of the company who have known Petar for 6 and 15 years, respectively. The consensus seems to be that Petar is just an average, hardworking guy with a wife and three kids who shuns the limelight and does not want to be a public figure. What I heard specific to our situation is that the company's lawyers recommended that Petar hold off on releasing the financials until the Windsor Star article was addressed. The Star was at the Harrow location with Petar this afternoon, and the impression I got was that some kind of follow-up article may be printed in the near future. I think that Petar may be being directed by legal counsel to hold the financials until the Star issues that follow-up article. I'm not totally clear on the rationale for this, but that seems to be the case.
In any event, Petar also directed Leslie to give out his cell phone number, as he wanted people to be able to speak directly with him about the situation. I now have that and also have his home number and two work numbers. I will, if the lack of issuance of the financials persists, keep calling him and/or Leslie and Dave on a daily basis until I reach him and he (or they) can explain to me what the situation is, why it exists, and when we will see financials issued. I am convinced that this is not a scam, but is just a situation created by a man who does not like what he is doing, and, as a result, who is not executing certain of this current responsibilities properly. However, by virtue of taking the position, when he does not follow through on promises made, he owes me and the rest of us as well as the investment community an explanation as to why.
I sensed a lot of anger and resignation today as I read the board. Resignation will get us nowhere, and well-placed anger can be channeled in a civil way toward helping our CEO solve our mutual problem; in other words, holding him accountable for his promises and helping him to do the right thing. We have a problem to solve, so let's turn our attention to solving it.
