Monday, June 17, 2013 10:37:16 PM
Let's imagine the situation :
What could one talk about : (a) why is it for 3 years + you havent delivered any sales, cash flow or other result ? (b) why do you issue shares for a business that apparently doesnt exist ?(c) why do you claim an MBA from either a non-existing school, or one that is an outright diploma mill which is worthless ? (d) why do you keep filing financial statements claiming to be GAAP when they are not ?
Why waste CEO's time since except for you and Styker everyone knows the answer ? Please do - to be opened minded, give us 1 , just 1 concrete success this company has had in the last few years- all I can see is recently they reported $25 in revenue. CEO by his own filings doesnt understand basic meaning of GAAP, nor is able to exercise any powers of discenment of what it sheer fantasy or not.
It isnt right for CEI to continue in this role, nor for you to promote this stock to unsuspecting people, unless you can show just 1 single reason to back your repeated promoting of this stock.
CEO may be an excellent technical person,I cant judge. It is obvious though he does not have the ability to turn BTDG around.
Imagine the next press release - someone has indicated that based on the possibilty of someone putting up a billion $ CD, they would then confirm they would irrevocably instruct a bank,when selected and one of top in the world, to issue a standby letter of credit to back a US letter of credit to back a binding letter of intent subject to $500 million being paid for a project escrow account subject to a property being recorded at the court house once a letter was sent from lower patagonia.based on your reasoning this shows a billion $ deal is underway.
Let assume for some bizarre reason your analysis is correct that CEO is a qualified person - please back this up with something
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