Saturday, December 11, 2010 10:41:38 PM
times..There has been several shareholder's that have actually visited the company and either reported here or in private..Not everything posted in this venue is based on what is read or heard from the company only..Eyewitness accounts..unannouced visits to the company and what is gleemed from those encounters is a big part as well..It is one thing to read comments and react..it is entirely different to actually see the products and go eye to eye with the real thing and management..
There are people on this board and others that do not post that add much verification to what is going on real time and the fact is..not many here have all that information..
So yes..many of mangements claims can and have been verified with other methods than just believeing in what is printed or what is said by the company..
Do you have any links to prove that management and insiders don't hold the vast majority of shares?? If you do..I would also like to know which retail investors hold many hundreds of millions of shares..I would also like to know why..if all is doom and gloom as you post..those same retail investors are not selling off all those shares daily??
This is a fact..the majority of shares are being held as proven weekly by the volume of shares traded compared to the known OS..The company says they haven't sold a share and I believe them..I also believe that the majority of shares that have come out lately have been sold as restricted shares to just a handfull of investors..If you believe that the insiders are not picking up the majority of shares..the result would have to be that average retail buyers have absorbed the huge amount of newly printed shares in a very short time..If those shares have been picked up by the retail investors..then there is a huge interest in this company on the retail investor side..Considering almost every share in the AS has been purchased..who do you believe owns them right now?? If it is the management and insiders..then the company is telling the truth..If it the average retail investor..then there are retail investors out there that believe that the shares they own will produce a profit at some point..Either way..Like I said..the majority of shares are being held and that is certainly Ok by me..
I like what I see coming as well..
A new CEO and or president is coming along with 1 or 2 new board members..Production is running double shifts daily and very likely we will hear about etc beginning retail placement soon..
I am a long term shareholder and believing in the above am quite satisfied staying as such...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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