JL,
Equities and emotions don't mix.
Always a matter of a risk/reward call.
Never any different.
I'm not the enemy.
Simply a realist. Telling it like it is. That which fits. Which best fits.
My hosting precious little interest in sitting idly by while management, in a fervent attempt to crawl out from under, ignores certain and specific fiduciary duties.
If such is, in actuality, what's going on.
Better by far for management to officially step aside. Allowing others to take their places. The free flow of information/detail. An end to the delinquent filings situation.
With my earlier rhetorically asking…
"And just and exactly how entwined is all of it in light of management battling, so obviously, to remain at the helm?"
There's been wrongdoing. That much being obvious. And a matter of company legal and accounting legitimately advising no need of a registration statement(s) being filed? Or a tad more nefarious goings-on as overall circumstance would dictate? And how about the distribution in full? What there?
My personal perspective at this point being that management is in self-preservation mode. All else being secondary.
My personal take of the situation.
The reason why the lengthy delinquent filings situation.
And our good friend Karmasaur asks a good question. Makes an interesting point in so doing. It just might be the case that 'evil' invited 'evil'. That in the 'end' we'll see Mr. Metter forging ahead in the absence of his alter ego.
None of us able to say for sure.
What IS graven in stone is payday as talked about. The rich ROI that the faithful longs have long sought. And based on nothing less substantive than the empirical as talked about. There for all to see. No argument.
Our having long ago discussed, for one, the Wal-Mart situation. The expectation of many months passing before the relevant chain of supply was fully implemented. Close thereto.
Management not just talking the talk but walking the walk. Getting the job done. Business plan and model implementation success.
And not empty revenues but revenues of worth. Bottom line success. From startup/development stage to fully operating status.
A truly stellar achievement!
Kudos in the absolute.
And, so, why then the violative?
Why the big guns on the scene?
What was there to be gained in light of issuing company fundamental and operational soundness? Staggering growth/expansion rate?
And we've discussed much of it. Posed the called-for questions. Seeking answers.
And now a matter of self-preservation mode?
It being in no one's best interest, issuing company inclusive, for management to indefinitely prolong the delinquent filings situation based on purely selfish reasons.
If there is serious culpability then management need step aside. Allowing others to step in. To take over the steering of the ship.
And has the stage been set for just such an eventuality? As has been suggested by no shortage of parties among us?
Or has it all been nothing more sinister than one sincere interpretation of SEC rules/regs. vs. another such?
And if so?
Well, why again the big guns on the scene?
And there I'll, once again, leave it.
Hopeful that thinking and actions along the lines of 'the greater good' will prevail.
AI
