Monday, August 19, 2019 3:28:43 PM
I am surfacing to comment on the ARYC change of status announced today. Am I reading it right? There are only 374 holders of record?
With a bit more than 1 billion shares that amazes me.
At that level a relatively high percentage would be active on this board.
It also explains why they may have suspended regular Twitter posts if the pool of investors is that small. It is a huge expense and waste of time - especially when half the people posting here ridicule their effort.
If there are that few of us then going dark may not be as problematic. By now you are in the camp of believers or those saying it is a massive scam. If you are a believer, like me, then you took the twitter postings at face value (allowing for some puffery, I'm not totally naive) and view the company as being on a good growth trajectory.
I can sit tight and hold, or even add a little more based on what I know. To some extent I would prefer that they concentrate on growing the business, instead of trying to keep us happy.
Ultimately, I believe that for ARYC management a high stock price is their best path to wealth and vindication. Thus, their interests and ours overlap. The difference is that they know for sure what is going on and we can only hope. They have abused our trust and seem relatively insensitive to our pain, but there may be good strategic reasons for that.
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