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Re: Jaybeaux post# 50470

Thursday, 08/12/2004 5:52:51 PM

Thursday, August 12, 2004 5:52:51 PM

Post# of 249981
edit: Jaybeaux -- tonight please think about a few things:

horse farms fer the missus.

paris "offices."

manhattan "offices."

"founders' shares."

non-performance based guaranteed bonuses.

officers cashing in options (among the lower strike-priced ones mind you) & dumping them onto shareholders.

failure to disclose sale of 500K shares during a "window of opportunity."

written off $1M "loan" while borrower is spending $600K+ to buy his father-in-law's company out of BK.

tax liens.

free food, travel & lodging on yer nickel for years & years of "pipeline building."

a breakeven steven estimate that was slated for this Q.

over a QUARTER BILLION DOLLARS blown -- for what??

blaming CPA for asking tough questions is nonsense IMO.

the questions this family will eventually face from others will be MUCH tougher IMO.

the de minimus allegations have been proven by the market -- face it & hear Bill Paxon's voice in yer head:

GAME OVER

sell the open cuz it is gonna plunge in the next few months.

this "company" ain't worth $60M.

ain't even worth $6M IMO.


edit: wavxmaster -- you don't really believe the financier is "long" -- or do you?

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