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Monday, September 19, 2011 10:17:10 PM
So many times on the pinks you see moves, such as reverse splits followed by dilution, made by management that tend to box out the investors and give all the profit to the company owners/management.
I know I have seen this action in past companies in related industries where the company had a promising business model but individual shareholder's pockets were picked by company management through several reverse split and dilution cycles before the company stopped trading and management made off with the profits.
I do not want to see this happen to a company with so much potential. Hopefully management realizes this and understands what needs to be done to bolster investor sentiment while solidifying our trust in management's decisions on the company's path. As part owners of Healthnostics, we deserve to know what the company's goals are, and how and when Black plans to get us there.
Certain iHub posters are right; This is the pinks and companies are not required to give us any information. But, if you are CEO of a legitimate business (not some pink pump and dump like we see everyday), why would you NOT want to give your investors information that will validate and corroborate their investment decisions? If you are running an honest company with a plan for exponential growth, wouldn't you want to be as open and honest as possible in order to bring in the kind of investors that will want to own your company and watch you grow for years or even decades?
My apologies for rambling, this started off short and sweet...
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