Grupo Resilient International Inc (GRUI)

[surfersdsu]

I agree wholeheartedly. It's not a stretch to say that information has been slow in coming or non-existent in some cases. But it's a stretch to say that there has been out and out fraud. As Monk mentioned earlier, Fred was extremely forthcoming about the state of affairs in his shareholder letters. I think it is amazing that the company was able to survive this long after the cancelled Actsoft acquisition, the Evans fiasco, and the deceit of Frank Moody. The company has been body slammed time and again and somehow not been counted out. A shareholder lawsuit would seal the deal though.

There is no question that communication from the company to shareholders has been absolutely awful. I also believe that the communication problem is as much responsible for this lawsuit talk as any supposed fraud by the company. Hopefully we will see another shareholder letter, or some other communication that will put things back into perspective.

IMO the biggest obstacle the company is facing, (aside from lack of cash, which is obviously the root of this current situation) is that they need sales and they have no sales force. The CEO, the inventor and his Dad are trying to modify and improve the product, run the company, do the accounting, answer the phones, read endless shareholder complaint e-mails, deal with the fallout from Moody (more lawsuits) as well as being the sales force.

I know it's a slim hope, but I'm hoping for a miracle.