I personally am going to cert most of my shares. I certed a million last week. Call me crazy. 21 times your money in 5 years from these prices. You make it back in interest in less then 2 years. Even if it takes a year or two to catch up paying the dividends, they accumulate. I think if we are not being defrauded, their is a chance that this company can survive and prosper over the next 5 years.
We still have a lot of divisions that I think are prosperous.
Most companies that defraud ussually don't go out and buy legitimate companies. We also showed on our balance sheet a lot of assets, and not just the pit. When I spoke to Hayden the other day he told me he knows mamagement knows they have screwed up in some ways. I personally think in a lot of ways. They are definately selling off businesses to streamline and they are also looking at financing to restructure some debt. If they can come out of this and hopefully a lot more humbled I think their might be a chance. They have also become somewhat more transparent then in the past. Why would they do this if they had no intention of running a legitamate company. A lot still worries me, but take a look at their organization chart.
I do not think they would go to all this trouble to aquire so many companies to just defraud. Also they I don't think they would be putting in 12 hour days either.
Our market cap is 11.5 million approximately.
I am not giving false hope, I am just trying to look at this free of emotion.
