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Re: whodis post# 40602

Friday, 04/01/2011 1:41:14 AM

Friday, April 01, 2011 1:41:14 AM

Post# of 76214
Well those little helpers had nothing to do with my doubts. Its just one event after another that did, such as the 1 billion share retirement PR with new shares going out the backdoor... then the gradual unannounced OS increase, private equity sale, then the increase in A/S, yet more increase in the OS unannounced. All of these things are done while the stock is at all-time lows. How is the stock price going to appreciate unless shares are retired (or reverse split), if that's the case, wouldn't it be a dumb move for Frank to sell the shares at say 0.0005 and having to retire them at 0.005 later on? Wouldn't it be a smarter business decision to just get a business LOC like any other businesses? Unless of course he isn't planning to take those shares back.

The company I feel still has potential, but i've lost trust in Frank.. at least for now until he does something proving he looks out for the shareholders. Even solid companies can yield horrible stock performance if the management is weak/corrupt.