Wednesday, March 07, 2007 3:20:56 PM
Our BOD has brilliantly led us down almost from the time they took over but have managed to stop the free fall at .0001. It appears they have blamed trhe fall on others for "unloading" vast quanities of stock to depress the value but that sounds somewhat unlikely, it would hurt them as much as the rest of us.
The NASDAQ page I recently read showed the free fall started before and lasted long after the accused had stock to sell, and their total stock holdings seem to be a pittance in view of the stocks that have been sold since the straw villians left.
Given the amount of stock sales NASDAQ shows suggests the company almost had to be quietly flooding the market with really large volumes of stocks since they got in total power. If so, selling stock does not make our company conpetetive; did they do that from a postition of strength or from an empty band vault? If that is so, why? Where did the money from the stock sales - or CT sales - go?
The hopeful expectations for a good announcement early this week has, again, been squashed by silence. Once again we must re-wonder just why our trustworthy (?) heros caved in so fast and so far in the settlement agreement. I guess we'll know if/when we become Global Teck and disappear in the financial seas or our "worthless" Evans stock takes off.
The opening prices of the Evans empty shell stock suggests maybe some of the market's "big Boys" just might trust the board's consensus "villians" more than they do our own "magnificent three." ???
I, for one, sure hope the bad guys can do something constructive with Evans since they can move foreward without the help of our heros!
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