Saturday, August 11, 2012 11:31:50 AM
Nov 7 CC, callers question: any plans for a R/S? Scott: we are not considering one at this time.
Per rambler on the phone with Scott he says, absolutely not.
Now, without meaning any offense to rambler, I find it highly irresponsible for a CEO to make a definitive statement to a share holder like this. That's inside info...doubting he said it frankly.
I have been to many SHM's locally (not OPMG) and the question gets asked, are there plans for paying dividends or a R/S? The CEO or IR person always says, we are keeping all options available.
A R/S is even money on day one, it only matters what happens after that whether it's good or bad, and nobody here can predict with certainty either way.
I have a stock that did a 1:5 taking it from 1.00 to 5.00. This was many months ago and it closed Fri at 10.72
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