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Re: Santa Barbara Broker post# 94824

Tuesday, 05/10/2011 11:32:28 PM

Tuesday, May 10, 2011 11:32:28 PM

Post# of 103340
Really??

"Jerry...it's my opinion that Kendrick knew they were going to not only gravely mislead shareholders at the September 2010 SH meeting but also release the same misleading information in a PR the following day."

Considering he still works for the company..I would say your opinion and your post is entirely wrong..Maybe you forgot his statement read at the meeting..

Mr. Kendrick “I apologize for not being able to attend the shareholder meeting as I desired to meet each of you."

I am sure that in good time he would like to meet you as well..

I have asked the questions that leads me to believe that Kendrick will be the new CEO..

First question asked..Is Kendrick still employed by the company?? Answer.."Yes"

Second question asked..Is the person mentioned at the shareholder's meeting and referred to in the PR about the meeting still employed by the company?? If so..will this same person step up as the new CEO??

Answer..Yes.."he" is still employed with us and will be the new CEO when we are ready to announce the change..

The PR statement..

"The company has identified its candidate for its currently vacant CEO position, and the candidate is currently employed by the company."

Considering they had already selected the new CEO before the shareholder's meeting and if as you say Kendrick was considering the position..then I would say by what the company has stated just a couple of weeks ago..he didn't back away from the position..

The reason he won't answer any questions is that he going to be the new CEO..

I have a feeling the answers given to questions like this..did you bail and come back?? will be quite interesting...veno


To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..