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Re: striker66 post# 9581

Tuesday, 02/26/2013 9:29:38 AM

Tuesday, February 26, 2013 9:29:38 AM

Post# of 55135
Interesting. I am trying to be objective here.

1.Past results - so you admit that there is not one initiative CEO has gone into that has worked, so if numerous initiatives entered into and none worked, doesn't that imply lack of ability of CEO to select and implement initiatives ?

2. The "team" : What team are you talking about ? Clearly company is seriously deficient in financial reporting. Clearly no money to run so many multiple businesses they claim to have at once.Clearly no money for salaries. As far as I can see they do not even have money for press releases.

3. You havent answered how many years does one have to wait for results ? I went back to old posts and you are always saying this is a good company and stock. At what point do you say thorw in the towell ? In 1 month, 1 year , 10 years ?

Even if this HIP HOP a good idea (a) does CEO really have ability to implement a deal that shareholders will benefit from (b) claiming $5 million funding is just like previously claims- they never materialise, so obviously people develop little confidence in CEO. If CEO believes his own press releases, then he has shown an amazing inability to gauge probabilities of the types of deals he goes into.

No disrespect to the CEO, I am sure he has some abiities, but providing shareholder value doesnt seem to be one of them ! So even accepting your point of view how long do you feel CEO should have to show some evidence of even minimum success ?