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Re: Chas56789 post# 136347

Tuesday, 11/28/2006 10:06:27 AM

Tuesday, November 28, 2006 10:06:27 AM

Post# of 169278
I agree 100%. My point was that I believe you invested in the wrong company and when you invest in companies with no solid business plan, no real service and no real product, you encourage the success of these people taking money out of the bank accounts of investors and putting it in their own bank accounts.

What did Michael Alexander do to deserve to sell the millions of shares he gave himself? How many different business plans did he fail at and how much money did he lose? Where is the success that deserves a reward? Where do you think Michael Alexander's money comes from? YOU! Maybe not specifically you, but if you represent honest and trusting investors, then he took your money. If he gives it back remains to be seen.

If people only put their money in solid and deserving companies, these CEOs would actually have to work for a living instead of giving themselves millions of shares, selling those shares to investors and then losing the money in bad business decisions and paying themselves in salaries they do not deserve and selling shares on the open market they do not deserve to sell and by creating deals with known toxic funding hedge funds.
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