Sunday, January 27, 2013 7:56:40 PM
Ok, let's all agree that the promotion has fallen flat on it's face. That one is pretty obvious. So, with that behind us, we have the company and the promoters claiming the money is real and that soon there will be marriages, Bah Mitzvahs, and whatever other kind of ceremony that can be had to celebrate the buy-back, dividend, and tenders. On the other hand, we have angry shareholders demanding proof that ANYTHING the company has EVER said is real.
The company cannot defend itself from it's own dismal history of false PR's. People pushing to have the company prove the money is real have a wealth of information to pull from and it has all been provided by the company in the form of it's own PR's. There is no denying what the company reported in the past.
Safe Harbor Statements? Those might have a bearing the first or second time a deal did not go through, but REPEATEDLY making false statements and expecting a Safe Harbor statement to protect the CEO gets to the point of abusing the whole purpose of the Safe Harbor statement. It is not a "Get out of Jail free" card. Continuously abusing such a device shows a pattern and those patterns show an intent rather than just an unfortunate turn of events that prevented a deal from going through.
The bottom line is that the company has no defense against it's own words. They have put out so many false and misleading statements in the past that there is no reason whatsoever for anyone to believe them now.
http://markets.financialcontent.com/stocks/quote/news?Limit=30&Symbol=365%3A1494796
DO YOUR DUE DILIGENCE!!!
The company cannot defend itself from it's own dismal history of false PR's. People pushing to have the company prove the money is real have a wealth of information to pull from and it has all been provided by the company in the form of it's own PR's. There is no denying what the company reported in the past.
Safe Harbor Statements? Those might have a bearing the first or second time a deal did not go through, but REPEATEDLY making false statements and expecting a Safe Harbor statement to protect the CEO gets to the point of abusing the whole purpose of the Safe Harbor statement. It is not a "Get out of Jail free" card. Continuously abusing such a device shows a pattern and those patterns show an intent rather than just an unfortunate turn of events that prevented a deal from going through.
The bottom line is that the company has no defense against it's own words. They have put out so many false and misleading statements in the past that there is no reason whatsoever for anyone to believe them now.
http://markets.financialcontent.com/stocks/quote/news?Limit=30&Symbol=365%3A1494796
DO YOUR DUE DILIGENCE!!!
Of course, as always, anything I post is just my own very humble opinion.
