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Re: wallwizz post# 2455

Tuesday, 11/15/2011 12:17:39 PM

Tuesday, November 15, 2011 12:17:39 PM

Post# of 2841
I appreciate your frustration, I really do. This is my opinion, based solely on my DD, including a mountain of documentary evidence, as well as what I personally know.

Absolutely, Tradestar is dormant and grey. I honestly question whether Tradestar is going to get off the ground at all. It's hard enough getting one public company up and running (ARTS) and then have to deal with the b.s. that comes with an SEC spanking and the consequences of a suspension. Now toss in the time, expense and details of getting a second public company up and going (PBHG) and then have it absolutely grind to a halt because people have caught on and investors are wary of management, and you have a double whammy. And now, someone wants to attempt a third public company under these circumstances? C'mon, man!

Keep in mind while all this is going on, there are at least two (that I know of) lawsuits going on with the Tradestar siblings. While I don't believe that Tradestar is involved in any of these, I have this nagging suspicion that lack of progress with Tradestar may be a consequence. At what point does a lack of monetary resources come into play? No way do I believe that Tradestar siblings are generating any significant cash. So the question begs, is dilution happening or what ... and what will the unintended consequences be?

As far as Tradestar itself, no way am I personally buying in to (despite that ultra-hyped shareholders letter to the contrary) a fully functioning women's football league by next spring. And I certainly don't buy into all this crap about televising those games and all the wonderful "things" they are going to do in connection with it. Former partner NEGS certainly looks like they didn't buy into it either, as they dropped out of yet another "agreement" that Vakser companies are so famous for entering into.

I know this is a very negative post on my part, so I will just be blunt right here about this. I do not and will not believe anything that comes out of Vakser's mouth (or keyboard, for that matter) on anything. The outright fabrications, misleading statements, proven failures, hyped PR's and complete omissions by these companies, (which includes Tradestar's management)) should be enough of a red-flag for anyone taking a look at this company.

And finally, just to kick the dog while it's down, all one has to know about the character of Edward Vakser is to just read the post on sister company (PBHG) iHub board where he goes off on a conspiracy theory tangent about how everyone is out to get the company. While that original post was deleted, as of today there is a copy of the rant post in a reply post prior to the original post being deleted. I won't take the time to discuss Vakser's going on another iHub board to discuss and pass out details about the plaintiff in one of the ongoing lawsuit's against him and his companies.

So yeah, everything is at a standstill. The foundation is crumbling faster than it can be built.

i am so discouraged over this companies snail pace on everything it seems to be doing. i read the letter that ed put out stating tsrr is lucky to be adopted by him, if not this would still be dormant and grey? am i missing somthing, tsrr is still dormant and grey!