Thursday, December 10, 2009 2:11:33 PM
As I said in the past, and was posted by TheFinancier yesterday, I have been away from the day to day activity of the company and Dean for the better part of 3.5 months. So I just do not know much more than you and probably all of the others on the iHub. All of what I've stated is either old news that can be confirmed, or my personal opinion. TheFinancier ask me to comment on some other concerns he has, I've just responded to him, and I'm making them available to you as well. I have given him an OK to post if he believes it would have any value to the DD of iHub. The reply follows:
I do watch the stock, I have level 2 & I read iHub. I can not speak to what HDSN, ETMM, NITE or any of the others have been or are doing, I just do not know.
What I can confirm is, Dean is no dummy. From my experience he is also an extremely honorable, trustworthy person. He has proven to me a number of times he will do what he says, that's why I left, believing the company and its shareholders were in good hands. That Dean's plan will build solid shareholder value for the long haul.
Based on my experience with Dean and those he has been relying on in the completion of these seven transactions, they will never put themselves in a legally compromising position by issuing false and misleading press releases. Dean has purchased shares personally as was PR'd, and those shares MUST be transferred to 144 stock. DBAB has been buying for the benefit of the company, under very restrictive and specific rules & regs, and those shares MUST be transferred to 144 stock. How many total shares to date, I just do not know, but I'm very sure the amounts will ultimately be made public. Knowing Dean as well as I do, I do not, can not and will not believe he has been selling any of the shares either he or the company has purchased.
I read in a posting from this morning, something to the effect that as soon as DBAB moves up on the bid, it might be a good time to begin buying aggressively. In my opinion that is spot on!
I do not know how I can be any clearer then I have already been so far. Yes, I am happy with the direction Dean and his partners are going. The only thing I'm concerned about is; many if not most of those on the iHub must come to grips with being patient. Deals of this nature do not follow a strict time table.
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