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Ecostate

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Ecostate

Re: Cakeman28 post# 285

Friday, 01/27/2012 3:17:13 AM

Friday, January 27, 2012 3:17:13 AM

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That is a fake press release imo . They have no business what so ever anymore. 609 k in the bank.
It seems they burn 297k in employee compensation . They only shares they will buy on the open market is managements own preferred shares. How in the world would they buy up to 2 million in shares. It is not to bring shareholder value but its their only option to suck the rest of the company dry . Any shareholder already lost it all on this one. greedy management and thats why they have no biz left. pencil pushers and thats it!~ Shareholders also got no shares from orbcomm . But guess what , management got 446,000 dollars worth of ORBCOMM stock.

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