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Saturday, August 03, 2013 7:15:47 PM
You might consider thinking of the period before July 2012 as a different time, a CEO inexperienced. I'm watching to see if he learned anything from the previous 3 years or not...That was a time when he had no business to speak of, huge debts, and dilution of 550% in just 15 months of that time. Since July 2012, he has a fast growing business with Walmart and others, no debt, and a 75% drop in dilution. And he has made no promises of audits or buybacks in any specific timeframes...especially 1st qtr 2013. So has he changed? Maybe and maybe not. I think he has. You are free to think otherwise.
"A man sees in the world what he carries in his heart" ** Johann Wolfgang Von Goethe
"Never does a man portray his own character more vividly, than in his manner of portraying another" -- Richter
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