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Re: sunpoop post# 22454

Friday, 12/27/2002 11:29:16 AM

Friday, December 27, 2002 11:29:16 AM

Post# of 93821
sunpoop....Now you know it's impossible to answer...What would have done differently?

We would have to go back 3-4 years and start all over with strategies and how we plan on getting there.

I do believe they made many bad financial decisions.

Also maybe they hired too many too quick.

Maybe they were working on too many projects and should have concentrated on fewer until the cash flow became more positive.

I can say look at the results....We should not have increased the outstanding shares from 124 million to 144 million, mostly to pay operational bills.

That is bad management and we should have never been in that position, period.

I happen to disagree about the 75% out of their control. I would admit to 25%, the remainder was in their control, maybe bad decisions put them in that position.



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