Thanks. I am starting an extensive addition to that note, which further shows the road map that CB has been using, all IMO.
How about taking this stock from $3.50 (pre-split $.14), in late 2005, to $.15 (pre-split $.006) in December 2007. For those that don't know math, that's like take a penny and cutting of 40% of it. That puts you down around 96%, if you bought at the peak that day, which closed at $.10.
This stock price decline/spread of 96% is directly in the face of oil going up 100-150%. Although both directors resigned in late 2007/early 2008, they are not of the hook for such a performance. Now go figure.
Maybe my experience with small start ups, VC's, Investment Bankers, entrepreneur and lawyers was for "such a time a this." At least, I may get something out of my expertise. I learned the hard way, but I didn't forget what I learned.
The dot.com circus, followed closely by the sub-prime/credit circus, shows me that not all people speak with strait tongue.
The longer he plays his games, the bigger he digs his ditch, all IMO.
