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Re: AlanC post# 9282

Tuesday, 11/27/2012 8:17:12 AM

Tuesday, November 27, 2012 8:17:12 AM

Post# of 20680
I appreciate your opinion, its just that this company shows no ability to make a profit. Rewarding the shareholders?? How?, Not with 91+ percent of stock held by one man. Not when they are searching for additional finances, of which if they had obtained financing an 8K would have been published so its obviously not going well. Not after 15 years and 25+million dollars of Mr Lenfests money come and gone. And the interest on the last 5 million, the preferred shares, continues to grow every day. Even if forward splits take place, The majority owner still maintains 91+ percent of all shares and liquidity remains stagnant, all a split would do is lower the pps and will not change anyones wealth one bit. I understand being optimistic, but the optimism needs to be based on something and the finances and past history just do not support being optimistic. Hope is not a good financial strategy. When the CEO starts buying the stock and executing his stock options I'll take a closer look, but if he's not buying his own companies stock why would anyone else.
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