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Re: Spartak post# 715

Monday, 06/04/2012 3:29:07 PM

Monday, June 04, 2012 3:29:07 PM

Post# of 1711
The point in writing to him is to let him know that we aren't happy with the way he's spending our money. Maybe if enough of us write, he'll stop blowing the company's money and increase the bottom line profits. That goes for the money he's throwing away for the BOD as well.
Just take a look at the profits versus the money he's taken over the last couple of years. That's money that could have taken us to break-even or maybe even shown a profit instead of a loss.

ABTL management is strictly out to take care of themselves first an foremost. The shareholder gets whatever scraps are left over, and guess what's going to happen if they sell the company. Coats and Co. will walk away with a very big chunk of whatever they get, not the shareholder.

stockdoc