InvestorsHub Logo
Followers 10
Posts 2722
Boards Moderated 0
Alias Born 12/31/2006

Re: driven123 post# 7484

Friday, 07/04/2008 11:40:14 AM

Friday, July 04, 2008 11:40:14 AM

Post# of 11478
They are very quiet. I think they know it is another yr before we get a chance to get even on this stock. I pointed out last fall that is was too bad that we were dealing with egos not good management. The Jim Hock problem of going down and visiting IM and getting into it with him was the start. This is when the egos got involved not good business judgement. This when the finger pointing started to try and shift the stock price blame to someone else. It was when IM was going to show you who is in charge. IM wanted them to know he was the one that helped the stock price and they would not appreciate his efforts except to blame him. Then it got nastier. The bottom line in my opinion is this when the company tried to shift the blame to Richard Wahl & IM. They fought back. I personally believe that when IM was convicted and paid his dues he is still working with the SEC. Because of his relationship with the SEC he has been able to get an on going investigation going to tie them up. This is my opinion and I believe because of this it is dead money for a yr. They tell King that the company officers have never sold any shares during the pumping. We will find out soon if this is true. If not then the management has to change and the ths stock price will go almost zero. I hope the management is telling the truth but I question why would they pump the stock and not get any benefit out of it. Jim Hock sold some shares and that was documented and justified due to health issues. I have no problems with that. I just question if management forward sold shares with off shore brokerage accounts. This is my take why we have not been up listed. It should only take a few months. I believe it has been since last Oct when they got the SEC ok. I believe IM threw in the monkey wrench after they were going after him for the blame for the stock price. All sides I feel are at fault unfortunately us shareholders are paying the price and I am not sure we will ever get our maney back. Great business model in a great field with the worst execution I have ever seen. Cannot get earnings out - big problem.