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Monday, July 09, 2012 10:16:20 AM
I am feeling as if our CEO is a mere puppet here being controlled by the former private company's major shareholders. I smell the same thing being cooked in the kitchen as I smelled over at a California "whine" company not too long ago, a private co. CEO who wants to raise $ for the company by going public but only as it serves their own benefit.
It's clear that the execs from the former CWS are still in control of the finances and the release, or lack there of, of information.
You are correct in mentioning that the market only knows the former worthless toy company. This period of merger news and hype has been a time that offered CWS an opportunity to show itself to investors. But it appears that the former ownership may have ulterior motives for their move into the public sector. Clearly they are not so skilled in how to "play the game" as it pertains to the use of " other people's money".
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