Thank you.
Having fun…
Exciting?
Most assuredly.
And Mr. Metter from months ago...
'The Company believes that the stock is being artificially manipulated and as such is currently examining several options that can be employed for the purpose of enhancing shareholder value.'
The setting of the stage as talked about. The trap being set in full. The tightening of the noose. Management having dug their own heels in. Being not predisposed to simply ignoring criminal behaviors. Ill-gotten gain goings-on. With it being an uncommon pleasure to be involved with a management team in the habit of routinely honoring their own stated word. Breath of fresh air for sure.
The RM Enterprises holdings situation slated to be completed by late August. The open market buyback set for September 5th expiry.
Exciting times ahead in the absolute.
Fun and profit.
Jeff...
It's all of it interesting and then some. With a need of noting that the goings-on aren't simply about tanking market level but, rather, about something far more nefarious. Far more telling. With that something being the ongoing fervent attempt to paint management themselves as criminals in need of being formally investigated. To bring in regulatory eyes. To bring to a screeching halt the proceedings in full. The issuing company itself. Extremely telling goings-on. The whole of it lending massive credence to our being exactly and precisely right about just who it is footing the bill. Minions hard at work day after day. Day and night. Weekends inclusive.
Ongoing attempt to tank market level being one thing. But attempting to paint management themselves as criminals in need of being formally investigated? Seeking to bring in regulatory eyes? Attempting to shut down the proceedings in full?
It being doubtful, in the extreme, that we've failed to call the situation accurately. The whole of it simply adding up. Certain guilty parties in panic mode. Up against a management team getting the job done. The bringing of value. The bankable variety. Having dug their heels in. Being not predisposed to simply ignoring criminal behaviors. Ill-gotten gain goings-on. The tightening of the noose.
A few more weeks and the plan, in its entirety, will be made plain.
All involved getting with the program.
And again...
'The Company believes that the stock is being artificially manipulated and as such is currently examining several options that can be employed for the purpose of enhancing shareholder value.'
PM…
Affirmative.
All to the good.
My having faith that President Obama's choice of Mary Schapiro as chair of the SEC will see the agency finally fully honoring its own primary mandate of protecting the little guy/gal.
And from February...
'The new head of the Securities and Exchange Commission is ending a practice that she said slowed the agency's enforcement efforts against corporate wrongdoing.
In her first public address as SEC chairman, Mary Schapiro said Friday that she is ending a two-year policy requiring agency enforcement attorneys to get approval from the commissioners before negotiating fines and penalties with companies accused of violations.
Schapiro said that practice "just sends the wrong message" and has caused delays. It is just one of the steps she said she is taking to revitalize the SEC's enforcement efforts and bolster investor protection.
Named head of the SEC by President Obama in December, Schapiro took the agency's helm and is being called on to help restore investor confidence shattered by the worst financial crisis in more than 70 years.
The SEC has also faced heavy and unrelenting criticism over its failure to discover the $50 billion Ponzi scheme allegedly run by money manager Bernard Madoff — despite credible allegations against him being brought to the agency over the course of a decade.
Five high-ranking SEC officials appearing before a House panel this week received a tongue-lashing from lawmakers who accused them of impeding their inquiry into the agency's breakdown over the Madoff affair.
In addition to the policy change, Schapiro outlined other steps to speed enforcement efforts at the agency. Those include changes to the process for issuing subpoenas in investigations, and improvements in the handling of tips and whistle-blower complaints.
"A strong and reinvigorated SEC will be on the beat to catch wrongdoing like never before," Schapiro said.'
And all to the good indeed.
Just a few more weeks.
AI
