InvestorsHub Logo
Followers 7
Posts 1243
Boards Moderated 0
Alias Born 07/27/2010

Re: pantherj post# 37662

Sunday, 01/09/2011 10:37:57 AM

Sunday, January 09, 2011 10:37:57 AM

Post# of 76214
Gee, you berate management for each and every share they need to issue to raise the actual capital necessary to get up and running, then you suggest that they issue an additional 100 to 125 million shares to pay for unnecessary filings and reportings. Those companies that deregister to hide from public scrutiny NEVER post their financials, unaudited or not, in a public forum, and NEVER hold conference calls where investors and pundits alike are free to call them out on their shady dealings. That is the difference between companies who do this to hide, and those who do it to save funds that could be put to better use elsewhere. Just a little "nuance" that the "novice" investor may overlook.

Those that deregister love to say that doing so saves money; and the novice investor buys that line of garbage. In reality, the great majority deregister to hide from public scrutiny. Its disgusting that the SEC allows them to do so. They knew the costs when they became public. There is no excuse.

How is it that GDHI can raise $1,000,000/year via 504 sales, yet still cannot afford to file. Its mind boggling that investors are willing to accept these specious excuses and poor perfomances from GDHI.