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Re: IamtheWalrus post# 31833

Friday, 11/02/2007 8:30:16 AM

Friday, November 02, 2007 8:30:16 AM

Post# of 44854
Regardless of the "WILLS" what about the "WAS"?


“The sale of this material will represent Russell Industries’ first revenue since the Company was cleared for quotation in 2006. It is even more gratifying to see this revenue was generated from the Company’s 2007 strategic business plan and business model. We will continue to follow the plan and look for further success in the remaining quarter of 2007,” said Rick Berman, President and CEO.


It really disturbs me that so many of the PR's are written without being proofread.

Are we to believe that revenue has already been produced, based on the WAS?

I am a very forgiving person, but poorly worded PR's lend themselves to much scrutiny. Especially when we are talking about investor's money. I've heard from MANY different RSDS investors who have said they have had contact with Mr. Berman, and in their contact, they say he has repeatedly blamed this board for the demise of the share price. Firstly, I would imagine 90% of Russell's investors have come from reading this board. Secondly, they have made their decisions to invest in RSDS based primarily from their due diligence which included reading the many PR's the company has put out, which are put here on this board for investors to read. As a body of investors, we discuss the merits and the errors of the messages the company puts out, so imo, the company has total responsibility for what it says, for what it does, and for what it does not. This includes what happens on this board. If inaccurate statements are made about RSDS here on Ihub, I believe it is up to the company to make it known that they are not true...but the company better DAMN well make sure it's statements are accurate before it makes claims that it is this boards fault, and especially when it makes a concerted effort to go after individuals/shareholders behind the scenes because of suspicions warranted or not.

Mr. Berman and Russell Industries have a VERY SERIOUS communications and perception problem. As a shareholder, I feel very abandoned, personally censored, confused, mislead and completely out of touch with what is reality concerning my investment. Maybe this board contributes to my sentiment, but imo, this board is the main stream of investor contact to their investment in RSDS, and I believe Mr. Berman owes it to his shareholders to keep the record straight and very clear...which includes what is said on ihub.

jmo,
Loofman



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