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Sunday, January 05, 2014 10:47:46 PM
"but we are not going to respond to every little point raised on the boards."
8. I again wish to comment on the investor boards. I will repeat that we do not manage to please the boards, and that our perspective is long term. While some individuals invest in our stock to realize short term gains, from either direct investment or shorting our stock, we do not undertake actions to involve our selves in these hourly or even daily market fluctuations. We will either prove to live up to your expectations for the company, or not, and that will be seen over a much longer term than the 16 weeks I have been involved. We do continue to see people put information on the boards that is often of questionable factual basis, and at other times the product of complete malicious, and defamatory, fabrication. It is clear that there are divergent motives for people posting on the boards, with some being very positive, probably because they want to see the stock price increase to enhance their own position, and others being very negative, probably because they want to see the stock price decrease to enhance their own short position. While people can have different motives for posting what they do, they cannot do so with an intention to attempt to manipulate the stock price or use defamatory or other wrongful means to accomplish it. The serial tactics of personal and corporate reputational abuse we have witnessed from certain individuals we have identified is frankly troubling and without precedent in any other area of business. I will reiterate that we intend to and are preparing to pursue those we believe are engaged in activity that unlawfully damages the company or its principals, but we are not going to respond to every little point raised on the boards.
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