Sunday, February 24, 2008 1:43:44 PM
>>
ALways bet on management. If you have an "A" story but "B" management (DPBM) then PASS on it. If you have a "B" story (Not that great) but "A" management, they WILL find a way to make it work.
Management IS the story, not the story itself.
Management has been the problem with this company. WIlf is a liar. h ealways has "reasons" for things not turning out the way he siad htey would, and those reasons habve some validity to them, but they still are FAR too frequent. What he says does not have a bearing with relaity. ANd THAT is the reason we are at 1/2 of a penny. And why I turned bearish on the stock a while back, after starting as a bull.
Wilf is "B" management. When he said the shareholder meeting in early DECEMBER was to send the crew off to the DR, and now we are about to hit early MARCH this week, it is a lie. Nothing else to it. No "But GMA caused us to delay" (They weren't even in the picture in December) and no "But hte boat is safer now". If it wasn't safe in Decmeber, then the schedule should not have been stated!
And as for the ExecuXscapes, that still ticks me off. I worked so hard to get my schedule arrange dto GO in February. It didn't happen, ad to learn that they are not even THERE for the week "I" was working to go? No, I'm sorry. No one can say "Oh, they probably called the people scheduled and told them about it. I'm sure they did it nicely". They had me running around working with things to chnge my schedule, to go on a trip where "I" had to buy my ticket to the DR, and meet the boat there. ANd the tickets werew nonrefundable. If I bought those tickets, then what? I would have been LEFT there, as there was no boat there to pick up ANY executives. And "I" (I want you to know this is not idle chatter. This came to ME) was otld people WERE booked for the tirp I was on, because I was asking about the people. I do not know what they told THEM, but if people were booked (I think that too was a lie now) then they too had their own tickets to the DR, and they lost money on a boat that they paid to get on that was not there.
B Management. Avoid it. I have NOT, and it has cost me. NOt here as much, as i didn't trust wilf enough to buy much, and i was in a and out a few times. And I might even get in AGAIn in the future. But ONLY when I see that we are down AGAIN (As if we are not now???) and I think WIlf is about to come out with another big puff piece to make it run. I"ll play it short term. But longer term? Avoid B management. That's my thoughts to myself, and to others.
And so much for "There will not be a reverse split". Was that anohter lie? Come on guys and gals. there is no "But things changed" to it. If hte CEo says there will NOT be, and then there IS, then what he said was not the truth. period. There is no "ohh, but he didn't MEAN to do it".
ANyway, sorry to hear of your loss. I hate to see people lose money, even when it is not me. But I DO understand some of what CAPT has been hanging around for. Becuase others Do hear the lies, and MIGHT invest, and if he has stopped a FEW people form investing, because they heard his side of the story, then those people probably should not be invested in this company. I hate what he says. But he is right more often than I would like to admit. A dilemma. Of dealing with B management...
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM