Tuesday, April 21, 2009 6:51:55 PM
He has always said he was interested in building "long term shareholder value." He has never pretended to try to please short term investors.
A lot of pressure on this board to sell and take + 5x profit from current price, but long term results could be better.
Jared said the company is not selling or buying shares I believe him. When the dilution happened a year ago it was for the good of the company...and LONG TERM value of shareholders...
And Jared is again consdidering the "LONG TERM" value of shareholdes in this buyout offer. Some say he was crazy to reject .10 a share, others say that offer is so high that it obviously makes the whole thing a scam. Others...who have been here longer...say...wait a minute...long term we will be worth way more then that.
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