AI
Sunday, February 14, 2010 4:21:27 PM
CJ,
Negatory.
Were I referencing those you speak of I would've applied the usual. A phrase, that is, such as 'greatest detractors' or 'myriad naysayers'. The 'opposing side' comment referencing the regulatory and the litigious, etc. My expectation being that the more agile-minded among us would be able to follow the bouncing ball. The use of the word "opposing" and the application of single quotation marks.
As for management?
Having done a stellar job. No argument. Issuing company fundamental and operational realities. Bearing in mind, once again, that of the past, present and future it's the future that counts. The forward periods picture. Projections and guidance.
An ever-strengthening picture for The Smarter Sponge Company. That which will draw in the big money.
None of us able to say just and exactly why management stepped out of line. Engaging in the violative. Drawing regulatory attention. And there may well have been original intent to, so to speak, bend the rules to one's own advantage. But in light of ongoing company business plan and model implementation hugely proving up?
We can't say just and exactly what went on. Nor why. What we can say is that the empirical is very much there. The company's myriad products out in the market place being more than well-received. Ever-mounting raw numbers picture. Wholly to smile about and then some.
Additionally, we have the Wells notices. A matter, very seemingly, of issuances of unregistered securities. Full distribution of same. Of 'forged' opinion letters and a phone call from Mr. Moskowitz to one Joel Pensley. Talk of "spinoffs of shares". Additional talk of securities-based 'compensation'. Mr. Metter seemingly having distanced himself from RM Enterprises thereafter. Denial of any official connection(s). Director. Officer. So on.
A matter of connecting those proverbial dots.
Not exactly rocket science.
As for the extent of the violative?
Myself and our good friend Karmasaur having entertained a recent wee bit of number crunching on the subject. An outcome in the 150m shares area being likely. A significant sum even at a modest price of $0.10 per share as an example.
Plus we have the, again, criminal appeals to the inside. The most recent of which, that we know of, being the call for a 300m long position priced at $0.03 per share. A cool $9m up for grabs with no taker(s). Telling us much.
Our knowing well that management is of the stand up and fight ilk. But again for how long do we, the faithful longs, remain patient? The battle afoot for how long?
The violative that we reference isn't, extremely obviously, of a generally dismissive nature. We're very much talking serious. Serious enough to possibly see a new management team in place eventually.
And, earlier, we spoke of persistence to the point of mindless self-defeat. Talking about the coming financials and the regaining of the OTCBB quotation. That management, that is, would persist in their ongoing attempt to see a return to OTCBB status prior to the opening in full of the info./detail floodgates. But not a matter of persistence to the point of mindless self-defeat.
And now we have the violative. The ongoing battle. And for how long? Mindless self-defeat?
Management needing to proceed in the best interest of the issuing company and its shareholder base. If there's no avoiding the worst for themselves they need do what's right. Relinquishing the helm to others.
We, none of us, have the answers. No. But the retaining of the big guns does speak volumes. Saying all same has to/needs to.
Not rocket science.
As for why, again, the violative?
All we can say is that from day one we've been well aware of the steadfast intent to maintain the parent company as debt free. Well aware of application of equity in so achieving. The relevant filings being there for all to see.
The Wells notices having made no direct mention of the fraudulent. Of a call for a lawsuit(s) being launched. Of the criminal. Of disgorgement. So on. Telling us much. But serious all the same as reasoned. Not dismissible. Possibly resulting in an eventual resignation or two. Being barred. Management hosting certain telling professional histories as we well know.
And now The Smarter Sponge Company it is. A budding global empire. Fundamental and operational gold mine. Cash cow. A staggering rate of growth/expansion. Management doubtless wishful of their having never stepped out of line. Having been taken by surprise as per Susan at company IR.
Plus we have the matter of abusive shorting goings-on. Our wondering just what associated pressure(s), if any, our regulatory friends will bring eventually to bear.
Patiently waiting.
The whole of it leaving us where we are.
Latest formal word telling us…
'The Company is working diligently to complete its financial reports required to file with the U.S. Securities and Exchange Commission.'
'The Company will continue to update its shareholders of progress.'
The coming financials poised to go a truly long way in many more ways than one. Being mindful of the fact that same largely represent historical data. It being, again, the future that counts. That which always feeds that proverbial bulldog. Projections and guidance. The forward periods earnings picture. Inviting the buy-side. The big money.
Our looking for period-over-period improvement/advancement. Not miracles. Seeking quality earnings. RM Enterprises fading from the picture. Self-sustaining cash flows from operations. Growth/expansion capital needs being a separate and distinct matter. So on.
And just and exactly how entwined is all of it in light of management battling, so obviously, to remain at the helm?
Well, nothing to do but hurry up and wait.
Hopeful that additional formal word does routinely emerge.
Filling in the blanks.
All the best to you and all others.
Trying not to overindulge in the 'sweet stuff'.
Negatory.
Were I referencing those you speak of I would've applied the usual. A phrase, that is, such as 'greatest detractors' or 'myriad naysayers'. The 'opposing side' comment referencing the regulatory and the litigious, etc. My expectation being that the more agile-minded among us would be able to follow the bouncing ball. The use of the word "opposing" and the application of single quotation marks.
As for management?
Having done a stellar job. No argument. Issuing company fundamental and operational realities. Bearing in mind, once again, that of the past, present and future it's the future that counts. The forward periods picture. Projections and guidance.
An ever-strengthening picture for The Smarter Sponge Company. That which will draw in the big money.
None of us able to say just and exactly why management stepped out of line. Engaging in the violative. Drawing regulatory attention. And there may well have been original intent to, so to speak, bend the rules to one's own advantage. But in light of ongoing company business plan and model implementation hugely proving up?
We can't say just and exactly what went on. Nor why. What we can say is that the empirical is very much there. The company's myriad products out in the market place being more than well-received. Ever-mounting raw numbers picture. Wholly to smile about and then some.
Additionally, we have the Wells notices. A matter, very seemingly, of issuances of unregistered securities. Full distribution of same. Of 'forged' opinion letters and a phone call from Mr. Moskowitz to one Joel Pensley. Talk of "spinoffs of shares". Additional talk of securities-based 'compensation'. Mr. Metter seemingly having distanced himself from RM Enterprises thereafter. Denial of any official connection(s). Director. Officer. So on.
A matter of connecting those proverbial dots.
Not exactly rocket science.
As for the extent of the violative?
Myself and our good friend Karmasaur having entertained a recent wee bit of number crunching on the subject. An outcome in the 150m shares area being likely. A significant sum even at a modest price of $0.10 per share as an example.
Plus we have the, again, criminal appeals to the inside. The most recent of which, that we know of, being the call for a 300m long position priced at $0.03 per share. A cool $9m up for grabs with no taker(s). Telling us much.
Our knowing well that management is of the stand up and fight ilk. But again for how long do we, the faithful longs, remain patient? The battle afoot for how long?
The violative that we reference isn't, extremely obviously, of a generally dismissive nature. We're very much talking serious. Serious enough to possibly see a new management team in place eventually.
And, earlier, we spoke of persistence to the point of mindless self-defeat. Talking about the coming financials and the regaining of the OTCBB quotation. That management, that is, would persist in their ongoing attempt to see a return to OTCBB status prior to the opening in full of the info./detail floodgates. But not a matter of persistence to the point of mindless self-defeat.
And now we have the violative. The ongoing battle. And for how long? Mindless self-defeat?
Management needing to proceed in the best interest of the issuing company and its shareholder base. If there's no avoiding the worst for themselves they need do what's right. Relinquishing the helm to others.
We, none of us, have the answers. No. But the retaining of the big guns does speak volumes. Saying all same has to/needs to.
Not rocket science.
As for why, again, the violative?
All we can say is that from day one we've been well aware of the steadfast intent to maintain the parent company as debt free. Well aware of application of equity in so achieving. The relevant filings being there for all to see.
The Wells notices having made no direct mention of the fraudulent. Of a call for a lawsuit(s) being launched. Of the criminal. Of disgorgement. So on. Telling us much. But serious all the same as reasoned. Not dismissible. Possibly resulting in an eventual resignation or two. Being barred. Management hosting certain telling professional histories as we well know.
And now The Smarter Sponge Company it is. A budding global empire. Fundamental and operational gold mine. Cash cow. A staggering rate of growth/expansion. Management doubtless wishful of their having never stepped out of line. Having been taken by surprise as per Susan at company IR.
Plus we have the matter of abusive shorting goings-on. Our wondering just what associated pressure(s), if any, our regulatory friends will bring eventually to bear.
Patiently waiting.
The whole of it leaving us where we are.
Latest formal word telling us…
'The Company is working diligently to complete its financial reports required to file with the U.S. Securities and Exchange Commission.'
'The Company will continue to update its shareholders of progress.'
The coming financials poised to go a truly long way in many more ways than one. Being mindful of the fact that same largely represent historical data. It being, again, the future that counts. That which always feeds that proverbial bulldog. Projections and guidance. The forward periods earnings picture. Inviting the buy-side. The big money.
Our looking for period-over-period improvement/advancement. Not miracles. Seeking quality earnings. RM Enterprises fading from the picture. Self-sustaining cash flows from operations. Growth/expansion capital needs being a separate and distinct matter. So on.
And just and exactly how entwined is all of it in light of management battling, so obviously, to remain at the helm?
Well, nothing to do but hurry up and wait.
Hopeful that additional formal word does routinely emerge.
Filling in the blanks.
All the best to you and all others.
Trying not to overindulge in the 'sweet stuff'.
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