Beaner:
There is a big difference between pumping a stock and getting the stock to fair value. A perfect example of that is chk on the big board. That is, of course, a little different situation. I have been a holder of this stock since inception. I have seen this stock go to $2.15 per share and 0.45 per share this past Tuesday.
Long-Term is in the mind of the beholder. I am 71 so long-term to me could be a month or a year or if really lucky a decade. However, that is besdies the point. The point is that this stock is undervalued now in relationship to its past history and efforts should be made to get the word out. It is in its best position in its history financially and marketing wise and as of 2 days ago the worst position that it has been in the stock. I talked to the CEO a few days ago and he asked me what would be the best way to get the word out. That is an absurdity. He should know and not have to ask. The value of a Company is in the capabilities of its management. I have talked with the previous CFO and he did nt seem that he would leave such a well paying job unless there were some problems. They still have not chosen a replacement CFO. That should be done as soon as possible. I am a CPA. I have worked for 2 of the largest CPA firms in the world and have been in business for myself for over 40 years as a CPA. I was a Treasurer of a stock exchange listed corporation and am very knowledgeable of what it takes to make a Company successful for its shareholders. This stock is undervalued right now. There is very little activity in the stock and considering its performance over the last several months there should be a hightened amount of activity. Look at the share volumes in the past and you will see an awful lot of activity in a period of time when the financials and hopes of the Company was not nearly this good. I continue to believe, based upon my experience which spans 50 years, that this Company is undervalued and that management is not doing a good job in getting the word out. I asked the CEO why he did not have a PR firm and he said that the last one did not do a good job and that they are too expensive. I am sure that there is a decent PR firm out there that they could help and the cost would definitely be worth it to the Company.One more thing. What would happen if someone sells 20,000 shares of the stock at 0.45 per share now as they did a few days ago. How will the stock recoup.there are no other stories I do niot thinkl that would get the stock up. Patinece is fine in the right situation. In this situation, management must do something positive now especially since it is on the pink sheets and that is not something investors in small ciompanies like to see So, I am not after Pumping and Dumping. I am after a good value for the Company based on its current performance and that is not happening. At this rate, it will be a long time before they will be able to be listed on the NASDAQ. I talked with the Past President of this Company last year and he said that its goal was to be listed as soon as possible. He thought that it would be sometime this year. Managenment must move so that this Company will be abhle to reach its true potential for the shareholders. I have been the Company's biggest cheerleader. Go to yahoo-finance and you will see all of the messages that i have written since the Company was formed.
AI
