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Re: fallin123 post# 19268

Monday, 07/15/2013 12:57:48 AM

Monday, July 15, 2013 12:57:48 AM

Post# of 19444
IMHO, poor management. That's in terms of the share structure (it's had to RS the last 5 years due to the share amount exceeding 10 billion 5 years in a row), and the actual operations (they acquired a film library in April 2010 but were sued as of January 2011 for failure to make all the payments on said library).

Also, staff turnover is tremendously high owing to severe lack of website upkeep. They had a good, good person in charge of that, but it seems she left about 8 months ago.

Camelot's owed the general public earnings statements dating back to 2010. In a few months, it'll be FOUR years of earnings going unreported.

Lastly, there's profound lack of transparency/congruence. This dates back to the first half of 2009 with the CEO stating in 3 different PRs and then at the shareholder's meeting that there were "no plans for an RS". And then an RS happens about 5 weeks after said shareholder's meeting.

Yes, a legit company, but management is not "on the ball"......

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