Thursday, July 11, 2013 5:50:27 PM
The same holds true for Mr. Wright. He ran the company for 3 years. During that time he started with nothing, merged in Aqualiv (n/k/a Aistiva), merged in Verity, and kept the stock price in a range that eventually settled at the same price that he took it over (if you account for the forward and reverse splits).
Now everyone is hurt over the fact that Mr. Wright has shares and claims he has been selling. These are the same shares that he bought and paid for - none given. I know for a fact that he has not sold one share, if he had he would had to have filed it with the SEC as a reporting entity. All his shares are marked as "control shares" and not one has hit the market. Additionally, look at when the preferred shares were issued......after the merger and approved by new management. He did not give the shares to himself as everyone is speculating.
So stop speculating and making false accusations. The fact is, this is a company in a small cap market and in case you have not noticed, it is not easy getting things off the ground out there. If you like the Aistiva technology or you like the Verity business plan, why would you be pissed at Bill Wright? He is the one responsible for bringing them into the fold. If you are interested in the company, give them a break and the time needed to get something done - nothing happens over night like you would all like to see happen.
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