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Saturday, September 29, 2012 8:15:07 AM
Those press releases at the end of Q1 bother me. In retrospect they appear to be co-ordinated to help liquidate a large amount of shares that were going to hit the market. They issued a PR about almost everything we have been asking for:
1. CFP and no more dilution.
2. Reworking of the bonus scheme and an executive compensation consultant.
3. The hiring of a PR firm to improve shareholder communication.
It appears that we were duped and the piggies committed fraud. I am sure that they know that this stuff is illegal and are banking on the SEC not caring about the BB and it being difficult to prove. But this stuff speaks to their character. Honestly, who does this type of stuff to people?
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