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Friday, April 06, 2012 5:34:35 PM
Right, TBE, thus far there has been no dilution, but the reason is the depressed share price, not the generosity of management. When buying pressure pushes the pps to higher levels, don't think we won't see Jim Porter selling new shares into the market. He will say he is raising funds for acquisitions and working capital, but that won't be his only motive. A CEO who completely ignores the shareholders of his company for as long as he has cannot be putting our interest before his own. This is just how I evaluate human behavior. I have no dislike for the man, but I'm not about to bring out the pompoms until Jim does something concrete to show he is a real business leader with a big heart.
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