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Thursday, 08/24/2023 9:03:24 PM

Thursday, August 24, 2023 9:03:24 PM

Post# of 27659
What other company puts itself up for sale and loses 95% of its value. This company should have gone private years ago. They've had total disregard for shareholders outside the inner circle. They stopped putting out PR's a few years ago. The only way we get any info is through quarterly reports. 6 months after they put the company up for sale, they claw back a patent and then say it will take several months to do so. That was for a partial payment on 6 million owed so how much could that be worth? If that holds up any sale of this company that's horrible planning. Kempers should not be getting a paycheck now. They said they don't care if the stock gets delisted. Maybe it doesn't matter to them, but it makes a big difference to those outside the company holding the shares. Some brokers won't allow you to trade the stock once it gets delisted. It will just sit there in your account until they either make a sale or you take a tax loss. I don't blame anyone for selling. I'm choosing to hold at this point. The only good thing in the last 2 filings were they're taking the effort to claw back the patent and Round and Eardley are still loaning the company money. Unfortunately, this company has lost shareholder trust. I'm pissed off at management. How can you not be. At this point they could pull something dirty and screw long term shareholders. Don't know. They know darn well what's going on and refuse to let us in on it. It's unfortunate because some long-term shareholders are selling at a loss now. Six months ago, Kempers said a lawsuit would slow down the process of selling the company. They need to get their arse in gear or that may not be avoidable.
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