NAVY, Mboard, I'm with the "LOGICAL" thinkers here,
BUT
no logic is being utlized to keep shareholders informed or LOYAL to company by using the FACTS.....all I want is to see FACTS....
and the FACTS as of SL's response are for XTEND to FILE its response(to keep the proper legal pressure on) and to also inform us of the TRUE capability of the Chancery courts role in this suit
THIS SUIT, if you are a shareholder, IS OUR LAWSUIT, not some rider in the TOUR de France. I deserve accurate and detailed flow of info from officers of company.
That said, I realize that as a puny penny stock, many things are ALLOWED to drop in the cracks, but when PL says "it's time to be truthful and honest" to SL, I want PL to show US the same transparency and honesty from him, especially in light of how PL played ALL his "hope" cards in early 2010, WITHOUT telling us the REAL status of OUR company, that was a conscious choice to NOT tell us what was truly happening,
Its not your fault NAVY, that XTEND has chosen you to talk to solely, it is XTENDS fault. If you have risen to officer rank in the Navy, you know its imperative to follow procedure and treat all sailors in your responsibility equally, OR rank dissension, because of favoritism, KILLS the intention of COMMANDING RESPECT and order.
I'M firmly behind the "concept" of the BioH, but its not PL's company, and it's OUR TIME that is directly related to any stock and product success. When we get silence, it feels very much like PL thinks its his company, and that was a failed tactic Dec-March.
Keeping the pressure on SL is the only way to gain the TIME we need, the way to keep pressure on is LEGAL, publicly available, fact driven communication
I'm a minority partner in a PR firm, PR's are expensive only if you want to paint vivid pictures and entertain the public with your product(which this "non existent" PR would not be about), otherwise, a PR written by an exec is free, except for 20 minutes of editing time($200 is going rate on mid level corporate hourly rate-so $100)
This board is always better when we play mindful advocates of the future for US shareholders, and as of late too many believe the BOARD is reality, versus hearing what the company is really experiencing.
When you borrowed $100 bucks from your best friend in school, did you go around the next 6 months giving him the silent treatment, if you did, no more friendship, and no more "bailing out" next time you needed help.......beyond a few unofficial and unsubstatiated sentences here and there, PL has acted like someone who has tickets to the nearest country of haven.
When I behave with the same dumb habits I have in my job, I get the same dumb, unworthy results.
I love the comradery here, no one can take that away from us but US.....but my money is not on the board, its on XMDC
XMDC is being put in a corner again by PL's game of words, EXPECTATIONS here are now for a quick payoff, which rarely happens....... WHY do WE SHAREHOLDERS need to be put in a corner again???
