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Friday, March 02, 2007 7:13:39 AM
JD has had the ammo for the last year to bury the shorts of this stock. The concern I have is he has done nothing to counter the shorting and continues to do the same. My question is why! Why as a CEO would you allow anyone or group to destroy the share price? Why the indifference? Why turn down a $35-45 million dollar buyout and allow GFCI market cap go down to $3-5 million? Why defend against a hostile take-over of GFCI (by issuing yourself as CEO super voting power) when a hostile takeover would probably yield at least a $30-40 million buyout but allow the pps decline again to a market cap of $3-5 million. Why borrow money from REED and use 11,000,000 million shares as collateral that has a value at the time of .40-.50 per share or almost $5 million dollars when you could have sold 3 million shares and raised the entire amount with no debt? Why does the CEO not want the price to go up? Why hold back information that would support the stock and help the stock to go up? What does the CEO have to gain? Why the hold back on substantial PR'S? Who that is on the inside needs time to cover? Why does it take almost one year and counting to get the CTT dividend? Why at the shareholders meeting we were told that audits would be release as completed on each section of GFCI as they became available and now the shareholders have received nothing.
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