Friday, January 21, 2011 7:34:17 PM
However can you explain how BTDG benefits to issue shares for a 20% interest in a private company ? Does that generate cash flow ? What is the number of shares given for that 20% interest ? Wouldn't that be fairly standard information for a company to disclose ?
Since you are in contact with CEO, since he was paid in shares last year, how is he being paid this year ? Can you ask him point blank why he doesn't update shareholders about the "definitive merger" scheduled for December ? Or put to rest rumors the 400 million shares he issued may have gone to a family member or his or close business associate ? Is his office building in foreclosure and how will that effect BTDG ? Has he paid anything on the Direct TV judgement ?
You are right some people just bash the stock over and over, but some valid questions are being asked.
Since you are positive on the company, considering CEO's dismal performance the last year, do you think he should step down? If he can't build existing business, and every deal he enters into doesn't work (somehow BTDG always says someone else's fault), and stock price just plunges, why do you think he should be CEO ?
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