XRS Corp. (XRSC)

[WhisperingBomb]

I would agree with you, too-

Just don't want to be prevaricated away from the main issue with XATA here: "where's the beef?"

If they have soooooooo much on the ball, why is their market cap so outta wack with reality? Normal market forces would have it much higher.

So I start pokin' around and BINGO! Lots of strangely configured "Classes" of preferred voting, dividend paying stock. Held by guess who? All insiders!

It would be funny except for the con being perpetrated on ALL common stockholders. XATA can't even be aquired since the preferred stock represents a de facto poison pill.

What a deliberate ripoff of non voting common stockholders that don't normally check out corporate stock structure. The insiders have constructed a self serving cash cow for themselves, with no "pop" possible in common stock pps for "outsiders."

Yes, smart time to short XATA.... down, down, down....

Note the distinct downward trend in the pps the last 3 months... It's below cash on hand!!!

JMO-

WhisperingBomb