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XenaLives

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Re: robotgeek post# 51452

Thursday, 02/28/2013 11:10:07 PM

Thursday, February 28, 2013 11:10:07 PM

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Wallace and MaLeod weren't promoting an equitable JV - they were promoting a deal with the devil. A dilutive move that would have obliterated the investment of smaller shareholders.

At the nascent level of the company in 2007 bringing in any "big guns" of any sort (capital or management) would have trashed the share structure and accomplished nothing, because the company still needed Spencer's leadership in the tech area more than anything else.

In short - I couldn't disagree with you more...



In Peace, In War

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