quite Mide!!
I didn't invest in GTEM because of Huff or Joseph J. Monterosso...
but I did invest in the company because of the vision purported by the senior management executive of this company at the time (Huff et al).
As such, I still hope for a return on my investment in due course - afterall we are not Chapter 11 (yet, nor I hope likely)
What I cannot tolerate is a 'quiet' divestment of the assets at my (and other common shareholders) expense. I mean where do we exactly stand with the sale of Smart Money to Gotham Financial - what are the 'K' brothers upto here.
Afterall if you look at the big bank strategists 'eMoney' was going to be the next big thing. What exactly was Smart Money - have we given this to Gotham on the cheap, and what exactly is the benefit of this transaction to the bottom line? (for us shareholders)
Right now, (and I know we eagerly await the 10K), it appears that the company has squandered $millions of shareholder $$$$, reduced to a 3 member BoD, and most probably fired 90% of the staff.
Things at the BoD level are looking a bit too lean for me right now. I want to know that there is more intrinsic value in this company for 110 million shares outstanding, 70 hotzones units and a tethered S2.
The term 'shell' has been touted before - if we are really invested in a shell, then FRAUD has MOST DEFINITELY been committed.
It's about time this company came clean with us shareholders - (WARTS AND ALL!)
schnizzle
AI
