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Re: stew0250 post# 5660

Wednesday, 02/08/2012 9:21:26 AM

Wednesday, February 08, 2012 9:21:26 AM

Post# of 11416
Diluting your shares by 150% over the course of a single year is not a very realistic path to becoming a billionaire. What a future billionaire would be doing is be buying shares back from the public. What a future billionaire would do is squeeze every last penny to maximize the return, not sloppily plow through capital. Of course some of the expenses here are legitimate, but I suspect if you went through the financials closely you would question much of what you see. Why do you think they still don't have their audit completed?
A future billionaire would minimize his annual salary and back-load compensation with options to profit handsomely when success is achieved. So I don't think your post really applies to our situation Stew. I am a long-term shareholder here and I can understand why criticism is rampant on this board. Many of these "bashers" are likely what the market would typically refer to as "activist shareholders," but here we are talking about penny land so much of the criticism is passed off as par for the course with this type of investment. I for one just wish we would be kept updated quarterly with progress. Is that too much to ask? I think not. So in the absence of even annual updates I don't think anyone should be surprised that people question if this is "REAL" or something else.