Strake Inc (SRKE)

[GUNSMOKE]

VITX !! I DONT ANYMORE ! I've invested directly with companies (dating back to the 1980's)...giving them money in return for 144 restricted stock.

Most of the time, these companies are underfunded and under staffed. The last one was about 7 years ago and since the CEO/company was in my town I could see him a lot.

The CEO was receiving approximately100 to 125 questions per day from shareholders. He showed me his account because I asked him why the company couldn't respond to questions.

It became a logistics issue as well as how he should spend his time. He said he assumed that it would take a 2-3 hours every day to read them all, place them in categories (to avoid duplicates) and then get his response approved by counsel to assure compliance with regulations regarding how you disperse company information. Additionally, he would incur cost to engage counsel on a daily basis. (note: that means he would be indisposed during that time so no company business would take place)

He looked at me and asked, "should I spend 1/2 my day answering questions? or should I spend the entire day working to pursue and achieve our business and long term objectives?".

Too many shareholders only think about what they want and they forget that there are other shareholders. And I can guarantee you that if he answers one question, each one of those shareholders will think that they deserve a response as well.