What an embarrassment STAU is to investors, their families, friends whom have bought in on recommendations, to any customers, whether private or companies looking at the stock of Star Nutrition. The absence of support from Jackson and the management team is clearly lacking in ethics, regardless of their agenda. I'm pissed, I've been patient, I feel conned and embarrassed.
You have to wonder what these clowns have in mind. Really! What, an RS is going to make everything good! I think not. For the record I repost my RS concept, which is pretty self explanatory. Hey, maybe it's just the darkness before the dawn with me, but let there be no doubt about my night vision seeing nothing. Amazing sums it up. Both my stupidity for believing in the company and my intelligence for having invested. Geeeeeezzzzzzzzzzz......
REMEMBERING THE BIDWELL PARK BENCH
IS THIS WHERE WE REALLY ARE? Float: 1,660,383,536 as of August 29, 2011 Outstanding Shares: 5,752,374,309 as of August 29, 2011 Restricted Shares: (owned by mgmt/company founders)4,091,990,773 as of August 29, 2011 Authorized Shares: (unch from 12/2009) 7,000,000,000 as of August 29, 2011
Float: 1,660,383,536 as of August 29, 2011 RS 1:5 TO 332,076,707
Outstanding Shares: 5,752,374,309 as of August 29, 2011 IN EFFECT REDUCE THE O/S TO 741,275,785
Restricted Shares (owned by mgmt/company founders): 4,091,990,773 as of August 29, 2011 RETIRE 50% OF THE SHARES AND RS 1:5 2,045,995,387 TO 409,199,077 I think that the founders share structure is way disproportionate to what should have been reality,ludicrous and self destructive, having been excessively pumped by crazed accounting practices and needs to be brought into reality with an updated share structure aimed at benefiting both shareholders and company founders for the long term.
Authorized Shares (unch from 12/2009): 7,000,000,000 as of August 29, 2011 RETIRE 1,000,000,000 SHARES AND REDUCE THE A/S TO 3,954,004,614 / 1:5 RS = 790,800,923
Normally when I get this fed up with a CEO and his company stock I end up selling it and putting it behind me, hopefully before it goes to NO BID as a con ASK scam. Sometimes good news finally emerges from the company and the stock runs and I'm sitting here scratching my head wondering what happened. Not that I see this happening here, but I'm not selling!
NOTE: STAU IMO is neither investment nor legal advice. In the mean time, if anyone can explain to me how this has not been an orchestrated con, I'm all ears and eyes. Funny thing, reminds me of a reading rabbit company I also saw as being somewhat small town and most likely with integrity. LMAO .
WHETHER YOU SWIM OR DROWN IS YOUR OWN RESPONSIBILITY AND THERE ARE NO EXCUSES,ONLY WHATEVER YOUR RESULTS MAY BE. ENJOY LIFE IF YOU CAN!