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Re: pknopick post# 73599

Tuesday, 12/13/2011 2:28:41 PM

Tuesday, December 13, 2011 2:28:41 PM

Post# of 105534
The 80% of shares voted that way doesn't mean 80% of the investors. And the vote was in anticipation of Matt actually making good on his lip service of uplisting, attracting better investors, and closing some LOI's - none of which happened. Yes, the chill made things worse, but it's not the sole reason the PPS is in the dumps. In hindsight, yes, people hate the REVERSE SPLIT because nothing good came of it except that Matt is using the dilution to keep the lights on and pay the staff, himself and his consultant.

The fact that Matt withheld information of the chill prior to the reverse split from investors was probably the biggest stroke against him as having any remaining sense of trustworthiness with investors now.

He didn't play that well. But I understand he was desperate for this reverse split to go through so he could re-dilute and re-finance his company.
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