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Tuesday, March 25, 2014 4:45:27 PM
"Why did Mike tell us "institutional investors" were investing if this was so bad financially?"??
Any PROOF any "institutional investors" have put up dime one? Let me clarify the way I "parse" a lot of these PR/blog, very carefully worded (MY OPINION ONLY) statements- as in the one you quoted above.
Technically, ASHER is an "institutional investor". See how easy that is? That's the 100% truth. They are a "investment house", they are a licensed trader/broker and have "institutional money lending capabilities" and are a "professional investment firm" who gives cash for equity stakes under BRUTAL terms. But are they "institutional investors"- heck yeah, by every definition I'm familiar with.
So is the CEO statement "true"? Yes. Is it what many who follow the stock were "thinking" or perhaps "hoping" for when they heard "institutional" investors? I don't think so.
See? See how a "carefully", as in very carefully worded statement can "work"?
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