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Re: Hurricane_Rick post# 60548

Wednesday, 12/11/2013 12:04:08 AM

Wednesday, December 11, 2013 12:04:08 AM

Post# of 80983
Rick, you avoided the question, unless of course you have nothing to back up your opinion other than hope. But if we look at the facts, there is no indication that we should be expecting a jv finalization soon, yet you say " all signs point to being very close to finality" . For the sake of avoiding shareholder anxiety, what signs are you referring to Rick? Baldy reading tea leaves is the only sign I see,and even he admitted those leaves may dry up. The way I see it, the company missed a deadline,and have given no guidance as to why, or what has happened since they originally put that deadline out. Historically speaking, the company always misses their deadlines, so far we are par for the course with previous JV's, regardless of any new CEO. Also, historically speaking, once they start missing deadlines, roadblocks start propping up (which we are seeing) ,and then they start piling up. HLS, money transfers, lawyers, holding out for ldm, issues with contract, issues with the subs, etc etc. We have only started the log jam process, and as decosta has eloquently reported, the complexity of finilizing a deal alone could put a serious dent on our timing expectations. I do not think decosta would have posted that essay on delays unless he was trying to pass on a message, would you? Now that is a sign that we can actually put our finger on. Then there is JJ returning shares. Do you think for a moment he would have returned them if a jv was very close? It is obvious he returned them for a reason,and the only reason I can think of is he feels guilty for not delivering anything in 2013. What's your take on it, as house cleaning does not explain anything. And what happened to waldo travelling? Why did we stop monitoring his activity after the "death in the family"? That is long over, yet now we don't care anymore? So as you see Rick, there are mostly signs pointing at a jv not finalizing any time soon. Whether you agree or not makes no difference, what matters is the guidance offered (bell curve anyone?) and it's accuracy. And my due dilly right now seems to be in accordance with what the company is or isn't doing (including the promoters), not with hope. No sense in getting shareholder's hopes up, only to have to reprimand their frustration when the guidance provided fails in all respects.