Saturday, September 18, 2010 3:59:18 AM
Stock_Barber..My thinking as well..
From Sept 02
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53979324
"Really..the "focus" right now should be on who the new CEO is going to be and what background he or she will bring to the company..I am still betting on a industry person that knows the business and who has the ties already in place to keep the new business coming.."
"I do like the new addition of Mr. kendrick to the company and the solid industry leading contacts he brings with him.."
"James has served such customers & brands as AW Sperry, Monster Cable, Mills Pride, Liberty Hardware, The Home Depot, Lowe’s Companies, and many others. James most recent accomplishment was a retail program launch in the electrical department at The Home Depot completed earlier this year. The result is millions in revenue generated for both the customer and the retailer. James has over 24 years experience dealing directly with decision makers at the top retailers & retail distributors in the US.
"I have wondered since that announcement if he wasn't the one seeking majority ownership of the company mentioned months ago..It would be nice to know how many shares of the company he owns and what pps they were bought.."
From Sept 08..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54203803
"Here is my speculation..Not only is mangement holding a ton of shares..but the new CEO will also have a ton that are restricted..Now to really speculate..I wonder if the new board member may have been the one looking to gain control of the company and also has a ton of shares??"
Now with both JD and Glenn stepping down..I do believe that someone has or is about to have a controlling interest in the company..In fact I was taken back by this statement made by JSB from the meeting..
"There were over a billion shares represented in the room. 3 big shareholders holding over 500 million were not there."
I know some have discounted that statement..but if that was a known figure by the company and was told to the shareholders that would mean that someone has or is close to having the majority of shares..
Now kendrick was not there for the meeting..but was there by proxy as he was quoted..
All of this is speculation on my part..but I have been wondering about who that person was when it was first announced back in March and everyone seemed to drop it when nothing else was mentioned..
All pure speculation on my part..but now you are also seeing what I have been trying to piece together since etc was dropped from being a dividend..I do believe that a person was going to privately help fund etc (could have been kendrick) and when it fell through..he just said I will then get majority ownership and take control of the company..Which I believe is what we are seeing happening right now..Notice also how at one point Kendrick is the new board member and from the shareholder's meeting PR he is not listed as a board member but as..
"Mr. Kendrick (not present),product manager etc. brand, product manager economy pet program"..
There have been many posts and charts shown about how the accumulation line has done nothing but go up for a long time now..2+2=4..My guess is Kendrick is the new CEO with controlling interest or about to get it..If he doesn't have control of the company..someone in that room at the shareholder's meeting that was introduced is the new CEO and does have control and is calling the shots and no I don't believe that person will be a pawn of JD or Glenn because they don't have to be..We shall see..
edit..I do believe that a vast number of shares of this company are all being held and are still being accumulated by the ones at the top..Two missing from the meeting are easy..The two from SC..the third still could be CM..GLTA...veno
From Sept 02
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53979324
"Really..the "focus" right now should be on who the new CEO is going to be and what background he or she will bring to the company..I am still betting on a industry person that knows the business and who has the ties already in place to keep the new business coming.."
"I do like the new addition of Mr. kendrick to the company and the solid industry leading contacts he brings with him.."
"James has served such customers & brands as AW Sperry, Monster Cable, Mills Pride, Liberty Hardware, The Home Depot, Lowe’s Companies, and many others. James most recent accomplishment was a retail program launch in the electrical department at The Home Depot completed earlier this year. The result is millions in revenue generated for both the customer and the retailer. James has over 24 years experience dealing directly with decision makers at the top retailers & retail distributors in the US.
"I have wondered since that announcement if he wasn't the one seeking majority ownership of the company mentioned months ago..It would be nice to know how many shares of the company he owns and what pps they were bought.."
From Sept 08..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54203803
"Here is my speculation..Not only is mangement holding a ton of shares..but the new CEO will also have a ton that are restricted..Now to really speculate..I wonder if the new board member may have been the one looking to gain control of the company and also has a ton of shares??"
Now with both JD and Glenn stepping down..I do believe that someone has or is about to have a controlling interest in the company..In fact I was taken back by this statement made by JSB from the meeting..
"There were over a billion shares represented in the room. 3 big shareholders holding over 500 million were not there."
I know some have discounted that statement..but if that was a known figure by the company and was told to the shareholders that would mean that someone has or is close to having the majority of shares..
Now kendrick was not there for the meeting..but was there by proxy as he was quoted..
All of this is speculation on my part..but I have been wondering about who that person was when it was first announced back in March and everyone seemed to drop it when nothing else was mentioned..
All pure speculation on my part..but now you are also seeing what I have been trying to piece together since etc was dropped from being a dividend..I do believe that a person was going to privately help fund etc (could have been kendrick) and when it fell through..he just said I will then get majority ownership and take control of the company..Which I believe is what we are seeing happening right now..Notice also how at one point Kendrick is the new board member and from the shareholder's meeting PR he is not listed as a board member but as..
"Mr. Kendrick (not present),product manager etc. brand, product manager economy pet program"..
There have been many posts and charts shown about how the accumulation line has done nothing but go up for a long time now..2+2=4..My guess is Kendrick is the new CEO with controlling interest or about to get it..If he doesn't have control of the company..someone in that room at the shareholder's meeting that was introduced is the new CEO and does have control and is calling the shots and no I don't believe that person will be a pawn of JD or Glenn because they don't have to be..We shall see..
edit..I do believe that a vast number of shares of this company are all being held and are still being accumulated by the ones at the top..Two missing from the meeting are easy..The two from SC..the third still could be CM..GLTA...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
