Forwardly Inc (FORW)

[Carter]

I respectfully disagree rancher. Watson did what most pink CEO's do not do - on his website - he put in an IR page, and has populated it with pertinent company information. We've seen him implement suggestions of various shareholders, indicating he not only listens to us, but responds. He has made himself available for one-on-one conversations with shareholders on several occassions - for those motivated and truly interested in speaking with him and asking questions.

Most importantly, he has advanced this business without dilution - and if that is not for the benefit of shareholders may I ask you whom that benefits? If he did what most pink CEO's do - and do so legally - he'd be raking in the money for himself while devaluing every share we own by a hell of lot more than what we've seen in this normal consolidation cycle.

The reason so many are expressing frustration now has a lot more to do with pink shareholder psychology than with the business cycles we're seeing take place at Guard Dog, IMO.

But I do agree with one thing you said: Watson will do what he will do, and at this point in time - seeing what he's done vs. what various shareholders are pounding the table for - I see that as a particularly positive thing.

We waited this long - longer actually - last summer, when we wallowed in the low double zero's, and all the typical posters were posting the same stuff they're posting now. Did Watson come through when they wanted him to (and when he indicated he was going to)? Not always...

But as has been said here before, that's what real business looks like. "Stuff" doesn't always get done on the forcasted schedule - I've spent my entire career learning to deal with that. However, he certainly has come through with many of his forcasted statements, and we have good reason to expect the rest are forthcoming.