I'm totally disgusted with Mark Angstrom....I take-back and retire anything good or nice I ever said about him. I called the TA, and he said the new I/S is 3,434,504,078. I was so floored that I called Angstrom immediately, and told him that since I had spoken so highly of VWKM and management, would he please tell me what to say about wonderful New Screen selling 530 million shares. Here's what he said:
"Due to the large volume, the company had to sell shares in order to improve liquidity. If we did not sell shares the MM's would run out...it's kinda like adding water to a lake so that it didn't dry up."
Abashed, I asked incredously how he could "add water" when they just issued a PR saying that the company was buying back 400 million shares(not to mention he told me a few days earlier that he was buying them). Here's his reply:
"Oh, we are going to buy-back AND RETIRE(he stressed this like I care) 400 million shares...just not right now."
I told him he has hurt me and many others more than he knows. I'm not gonna post his reply because, from me, he has lost a voice...and a friend.
To my fellow investors, I'm sorry that my inexperience led me to allow myself to be used by Angstrom. I should have know better, but choose to ignore the signs(just like when Momma warned my about dating girls with all looks and no character). This experience will no doubt influence my future posts regarding CEO conversations in the future(if there are any). I apologize from the bottom of my heart, and hope you guys still do good in this stock. I have no idea if Angstrom will sell anymore shares or not, or what will happen with OEN. I do know, however, that I'm through talking to him on the phone, and have no intentions to buy any more shares...ever. I still have a little left, but will probably sell out soon.
To Mark Angstrom, I can't hardly express in my own words how I am feeling, so, as per custom, I guess Shakespeare will be the voice:
ROMEO
I thought all for the best.
MERCUTIO
Help me into some house, Benvolio,
Or I shall faint. A plague o' both your houses!
They have made worms' meat of me: I have it,
And soundly too: your houses!
~> #board-7229 
