Response from Veal:
Raymond, I promised I would get back to you if Veal responded to to my Inmail.
To summarize, I asked him if he had any words of wisdom for investors who had stuck with the company and margined down and who were nervous about the upcoming reverse split and upcoming dilution, also letting him know I post on this board. It was his birthday weekend but he did make time to respond and I can't say there was a lot of sugar coating. This is the first time I have contacted Veal or any member of the company ever. See his response below:
Sorry for the delay in response. Its my birthday so I am spending time with family today. I appreciate the nervousness. There is clearly an uproar regarding the company's recent actions. We are limited as to what we can do. Our attorneys hsvd told us to avoid the boards do we dont do much except monitor them. There are people on the boards who may actually benefit from price declines through stock shorting so we encourage caution to all readers. Personally I've had a variety of experiences in this type of situation. There are no guarantees. One of my former companies called neogenomics once faced this and did s reverse split. This happened ten years ago. The value actually has increased and now the company does 80 million in sales. So it can be done. Its hard and this is hard too. I appreciate everyone's efforts. We will continue to work to capitalize on our opportunities and thank you again for your support. Matthew veal
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