Saturday, April 06, 2013 10:45:25 AM
If a controller is doing what he did, then you know, this is the action of a frustrated employee. What he did and the way he did it, will hunt him for the rest of his life. No company ever will hire such an unguided missile and whenever he should make 1 $,it will be taken away from him to come up for the damage he did.
If he as a controller who signed away all the papers necessary for the fillings thinks to come away with it, then he must have taken a kind of drug which is not known yet in the market.If he really thought that there would have been something not so "kosher" he could have contacted the SEC and not shareholders and the public.
But even in chaos, there is something good for shareholders. If there should be something to be corrected by the company, you can be sure it will now come to the table and the SEC will look twice into their filings and if there are objections, it will be heard.
Logic then: Eric created a mess for shareholders and they got punished as the price collapsed. The company got punished due to a very low price in case they had a placement in the pipeline. Those still in the stock and those - like me - new to the company, can actually collect the benefit out of it - if there should have been and still should be any doubt about wrongdoings by the company - first it is priced and secondly in case nothing comes up, the discount then could become a premium.
FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM