24601: You have been very quiet lately...
I suspect you are beginning to realize that this investment of yours is poised on the precipice.
This is a cult stock, John. Management has been in the hands of amateurs since the day Peter stepped aside and put sonny-boy in his place. The family has been gorging at the trough for years now--all at the expense of the investors.
The idea that a CEO could make a $20 million revenue projection--based apparently on thin air--and miss by 95% plus, again, with the result being a large collective ho hum from the shareholders is truly mind-boggling.
Is it nice to say the man is completely incompetent? No. But it is the truth. Either he is incompetent or he is something much worse. One day we may know. Or not. In any event, you all have no alternative but to approve the increase in authorized shares. When this thing gets up a head of steam to the South-side, the boys are going to need authorization to sell a boatload.
Cheers.
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