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Re: CAIrish post# 112571

Saturday, 05/04/2013 10:35:33 PM

Saturday, May 04, 2013 10:35:33 PM

Post# of 238140
The company did mislead investors. I sold about 75% of my position between .18 and .185 on the way down to .12s. I still believe in the long term future of the company. But the 1100% increase in revenue during Q4.. which was almost entirely a stock transfer was wrong. Not the fact they got the stock transfer. I dont mind that. I dont even mind the canv deal if the company believes it will be beneficial in the long term. I mind them misleading investors into believing this income was from products being sold... not from a stock transfer.. and largely illiquid one at that.

michelle's letter to investors was nice. appreciated. but it still really never addressed the fact that they intentionally misled investors into believing things that werent true. Why did she allow that to happen? Why was the company not more upfront with this to investors? It's legit questions. As a shareholder, I really would like to see better from management. I dont like Michelle as CEO.