Friday, August 20, 2010 7:35:45 AM
On another note I emailed Dustin yesterday to voice my concerns about the PPS drop after news was released. Here is email I received back.
XXXXX,
I am very frustrated as to the PPS for the last 2 days. I produced a stellar recovery and we tanked...I am not selling and I have not authorized any additional share since our filing. I will post an updated SS report from the TA on Monday, when I get back in town which will show NO changes in the SS.
I cannot comment specific to the AS count, as this would be inappropriate and we all have to play by the rules. I have always been very forthright and have always considered the good of the company ahead of my own personal gains...knowing that...if the company does well, we will all benefit in the long run.
Thanks for your input, and welcome. I hope you are, like I am in for the long haul.
Dustin
On 8/19/2010 12:03 PM, XXXXX wrote:
Good morning Dustin,
I am a shareholder in your company and was just curious to know why after positive financials were released yesterday combined with excellent news is the stock price tanking? Is this manipulation taking place or is the company diluting its shareholders? I find it very strange for the price to be down almost 40% after news don't you agree? I'd also like to know why there are 10 billion shares outstanding?? Isn't that somewhat excessive for a company already generating positive cash flow and on the road to recovery? Are there any intentions on reducing the authorized share count to under 500 million? I think it would allow the share price to rise substantially thus generating a significant amount of interest in your company and providing lots of liquidity. What is being done to address the stock price? I would like to invest more of my capital however I'm somewhat reluctant to do so as are my peers due to the large amount of authorized shares and the incredible volatility in the stock price. Please give me your insight on these concerns so I can make an informed decision.
Thanks,
XXXXX
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