Tuesday, August 06, 2019 8:16:07 AM
HW,
You state in your post that "A third reason to avoid holding this stock is the possibility that some or all of the Greenshift executives are in the process of stealing value from the stockholders."
But in a prior post you reference the last October update from Kevin in which he states: "However, as we stand here today, I will be the first to admit that one thing is crystal clear; I have failed to deliver value to our shareholders according to the only metric that matters after everything is said and done – our stock.
That doesn’t sit well with me. At all. It never did. It never will. So, no, I am not taking GreenShift private for that reason alone. I supported GreenShift and its team in every way I could through a decade of hell to build value. I contributed more than $15 million in cash over the years, plus another $8 million in investments (at cost) to facilitate completion of the Attis deal – in each case for no additional equity, debt, or any other form of consideration in return – to build value."
Kevin has poured his heart and soul and LOTS of his own cash into this company, it takes some pretty twisted thinking to turn that into he is stealing from stockholders. His October update clearly stated where the company has been, where it is currently, and where he plans to take it. He was extremely candid in that update. I don't see how you can miss that.
But you seem convinced that holding this stock is unwise, I would suggest that you cut your losses and move on. If I remember correctly you bought your 10,000 shares at 4.1 cents. If you sell now you will have a profit. And you can be free to utilize that money in one of your other holdings, say purchasing more PEIX.
Houstonian
You state in your post that "A third reason to avoid holding this stock is the possibility that some or all of the Greenshift executives are in the process of stealing value from the stockholders."
But in a prior post you reference the last October update from Kevin in which he states: "However, as we stand here today, I will be the first to admit that one thing is crystal clear; I have failed to deliver value to our shareholders according to the only metric that matters after everything is said and done – our stock.
That doesn’t sit well with me. At all. It never did. It never will. So, no, I am not taking GreenShift private for that reason alone. I supported GreenShift and its team in every way I could through a decade of hell to build value. I contributed more than $15 million in cash over the years, plus another $8 million in investments (at cost) to facilitate completion of the Attis deal – in each case for no additional equity, debt, or any other form of consideration in return – to build value."
Kevin has poured his heart and soul and LOTS of his own cash into this company, it takes some pretty twisted thinking to turn that into he is stealing from stockholders. His October update clearly stated where the company has been, where it is currently, and where he plans to take it. He was extremely candid in that update. I don't see how you can miss that.
But you seem convinced that holding this stock is unwise, I would suggest that you cut your losses and move on. If I remember correctly you bought your 10,000 shares at 4.1 cents. If you sell now you will have a profit. And you can be free to utilize that money in one of your other holdings, say purchasing more PEIX.
Houstonian
