Friday, December 30, 2011 4:06:37 PM
2012 will bring the same old shenanigans for IWDM.
It does not matter who the CEO is. It matters how low cash reserves are, it matters how fast the company burns thru cash, it matters how many outstanding shares there are. Any CEO worth their salt will restructure the shares. Wipe out existing shareholders including all the major shareholders. Just because someone is no longer on the board that does not mean they give up their shares. In fact they are now free to dump them since they have no fiduciary duty.
You all be safe on NYE
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