The trading doesn't look all that shady to me. Just looks like a guy hit a number of trading boards and got some people to buy in. There wasn't over $30k traded that day so I don't see much to get up in arms about. It's more funny to me than anything that people would be so dumb as to buy a stock just because one guy went on a pumping spree on a few boards for one day.
I still feel confident that when Sam is ready to let us know where things are at he will do so. I think he's trying to do right by the shareholders with the silence, even though many don't agree. If you remember, there was a time when he would PR things before they came to fruition. Unfortunately some of those things didn't work out... and he got blasted by a number of shareholders because of that.
He's never run a public company before and he has taken some lumps from potential financiers and from shareholders, so I certainly understand his silence. All you have to do is read the posts put up by people on this board and imagine that you are Sam trying to get this business going. Would you want to talk to the shareholders?? You should be lucky that he doesn't have a personality like mine, because I'd tell a select few shareholders to shove it where the sun don't shine and find a way to take this thing private so as not to have to put up with everyones whining, bitching and demands.
I got pissed one time and wrote a rant of an email about Sam's lack of communication, but the more I looked at the history of honest mistakes, the adolescent responses by some shareholders who don't have a clue what it takes to do what Sam is trying to accomplish, and probably don't have the smarts to even think to try, the more it makes sense to me that the guy just wants to build the company and have something solid and definite to report before he goes putting out any more PR's. I have entertained the idea of this being a dilution scam. Sorry but based upon what i've observed of the trading that just isn't happening. I don't even think there's a NS on this anymore. If we did, that is where my main concern would be and I would be badgering the hell out of Sam to deal with it.
So, call me a nut, disagree, and do and think what you will. I have almost 7M shares here and I'm quite content to let Sam take the time he needs to build a business.
(BTW CashMc, I'm not pointing any fingers at you in this post. Your post just inspired me to do some expressing at this time).
Best wishes to all.
Rich
Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.
