News Focus
News Focus
Followers 49
Posts 5251
Boards Moderated 1
Alias Born 11/01/2007

Re: MyBluC4 post# 7426

Thursday, 05/15/2008 12:28:49 PM

Thursday, May 15, 2008 12:28:49 PM

Post# of 8469
Make no mistake, a tiny company like DMTN is run for the benefit of the managers (and should never have gone public.) If by chance, an occasional modest windfall is realized, it will be quickly absorbed by bonuses, insider loan repayments and other related party transactions. If by greater chance, the Dino's stumble across a blockbuster new product, it will be spun off to a new LLC in the time it takes to file the registration online, by guess who?

The shareholders not included in the insider group have near zero ability to influence the direction of the company and even less of a chance of participating in any meaningful profit. Any wager on DMTN is dependent on the integrity of the Dino's and we have seen some of that.

The first condition of an illusion is, of course, that its victim should mistake it for a reality.
---- George Bernard Shaw

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today