Monday, October 18, 2010 9:34:46 PM
The only real question here is whether or not EATR is a good buy down here, and I think it is. The math is simple... BnetTV is raising $22 million- EATR owns 40% of BnetTV. EATR has a market cap of a million dollars-- so it's under valued. That's all that important. If I told you the stock was free tomorrow, you'd go put it in your account, right? So you're buying a stock price, not a company per se. Is the company under valued here and could it make a legit run- is the real questions.
Mike Wehrs is on the board of directors and listed as part of the management team. The company could not put the audit out as part of the PR, because they no longer owned the company. What they did say in the conference call is that you can call BnetTV and get if from them. I have a copy in front of me now.
But you guys are only interested in negative slurring on this page. You don't care that you could've easily gotten yourself a copy of the audit, which is also clearly on BnetTV's PPM. You'd rather sit there and cry like babies that EATR said it would be released and didn't release it. Yes, the audit took so long, that the sale of bnetTV happened first, and now you have to call BnetTV for the audit... Wow, what terrible liars these guys are. I never met a bigger group of babies.
Not only am I buying a stock price, but I'm also buying the company's ability to execute on their plan. They brought mike wehrs in as management (and a member of the board), finished a 2 yr audit, redid their website, issued a dividend, issued a 50 page PPM, started issuing quarterly financials to Pinksheets, BnetTV started on a $22 million raise, hired the best attorneys in NYC, and now put an acquisition together that will be announced this week.
But you guys are like litte babies-- "i wanted the audit released from eatr!!, the china deal fell through!, the quarterly financials aren't audited, waaaagh - mike wehrs took a temp CEO job, waagh. The worst part, none of you haters own the stock-- you sold it, and now you're just haters spending hours a day on a message board for a penny stock you don't even own.... don't you guys have hobbies?
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