Spectrum Brands Holdings Inc (SPB)

[bman007]

What?.... a CEO worry about common shareholders!!??

That was a different century!!! Today we have greedy SOBs like HUSSEY that protect themselves, their good ole boy financierss and their HUGE bonuses. It used to be a real CEO would resign in SHAME if he couldn't save commons!!! Not HUSSEY!! The man has a huge ego and used to actually have his picture on the front of the company web site. After the BK he has gone into hiding and I'm guessing has somebody else start his car in the morning!! LOL

Just in November he was quoted in the Atlanta Journal speaking of the benefits of moving HQ to Atlanta. What? Better business environment? Lower taxes? NO!!! They have a racetrack in which private muscle car owners can join to race their cars. So Spectrum is going down the tubes mainly from advice given by ex-CFO Hussey to get into leveraged buyouts. And what does he find time to comment about? His freakin hobby!!!!

Here is his memo to employees (many whom are shareholders and leaked out to various sites):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35622321

So now HUSSEY is nervous that he can't prove that BK is the only option for Spectrum. He spent extra days and delayed the last financials so he could defend the last 2 years and how he has tried to fix things. Sorry HUSSEY, too little to late!!! Yes, BK is the easiest out. You get to save your job, get your HUGE bonus and race your car.

Who cares about the pesky commons!!?? Well turns out some of the commons are emailing reporters and court and filing objections. Ooooooooopppppps!!!

Yeah, he could have included us for mouse nuts but chose not to!!! Time to put the screws to HUSSEY!!!!

So I'm posting all of this to ask the question: WHAT is the stock worth IF Bankruptcy is delayed or stopped? We're at .023 now. How fast would a stock spike that had any filings or lawsuits to fight the BK? especially a stock with only 52 million shares??