InvestorsHub Logo
Followers 3
Posts 194
Boards Moderated 0
Alias Born 02/03/2010

Re: KJSmith post# 14101

Tuesday, 05/18/2010 1:39:20 PM

Tuesday, May 18, 2010 1:39:20 PM

Post# of 14386
For what it's worth (and probably not much), I contacted KD shortly after the LC disclosure. As expected, he replied with a thank you (I was polite, probably unlike most of the hate mail he was likely receiving), and stated he couldn't disclose any more information as they 'worked through the significant and complex issues'.

After the website went down, I sold most of my shares. I doubt their business model is dependent on the website (if there is a business model left) but it just left me even more uneasy with the situation.

I've thought about emailing a followup to see if I get a reply (some indication he's still there, they're still working on the issues). After I sold most of my shares, this has become like one of those soap operas where you tune in years later and not much has changed.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.