InvestorsHub Logo
Followers 10
Posts 1906
Boards Moderated 0
Alias Born 08/26/2006

Re: RG post# 63915

Monday, 12/10/2012 12:26:48 PM

Monday, December 10, 2012 12:26:48 PM

Post# of 81577
Townie, Smallfish was spot-on

And I don't see why he shouldn't be allowed to answer your question relative to poor management decisions, or for that matter, why any other member of our community should be denied participation.

However, your response to Smallfish defines one of the difficulties in responding to your query. You dismissed his response as "history" and obviously any discussion of poor management decisions must and will be based on "history". We dismiss "history" at our peril

The blatant attempt by Wallach to wrest total and absolute control from the minority shareholders (now known as the B-2 Stealth Attack) involved the expenditure of thousands of dollars of those same shareholders' funds to promote a vote on this failed power grab. If successful, it would have allowed him to sell off the assets of the corporation and pocket the proceeds.

I do not know to what extent my immediate public exposure of the details of this plan openly (instead of to a select few shareholders) was responsible for the withdrawal of this abomination and its subsequent categorization as "Oops it was all just a mistake". Was it coincidence that my dragging this out from under its rock resulted in the immediate, embarrassing "whoops"?

Personally, I do not believe that anyone could possibly categorize the as anything other than a poor management decision!!!

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)