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Re: Nigel9527 post# 25830

Wednesday, 03/16/2011 12:43:20 PM

Wednesday, March 16, 2011 12:43:20 PM

Post# of 34471
...if the company explains what happened,
...if the company says that nothing material caused Deloittes departure
....if the conpany confirms that cash is there
....if the company confirms they will pay out dividend or buy back shares immediately.....

.....then let the company start trading and see what happens. Probably the damage would not be so bad. Remember that the company was trading at very cheap levels prior to the halt.

The thing is that the company is so silent that I assign low chances of good news. The COmpany has to know if the cash is or is not there. Seems so simple to me. Why can't they communicate that.

With respect to Starr I frankly don't know what they were doing. The investment they made is large, too large to not be more involved in it on a daily basis. They should have appointed a new CFO when they invested.

I am long and desperate.
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