Indy I was using dark humor with redspeed and he knew it. Of course he wasnt directly at fault even though he gives Glenn too much benefit of doubt imo. Going with the flow if the ceo is honorable is fine, but from these past two deals that had a whopping 90percent discount on fair value, and the fact that no other potential bids for the assets were attempted to be obtained leads me to believe we have a ceo in collusion with one party.
If I wrote that to the bod and asked for Glenn's resignation, would they shelve my letter or act?
The reason I did not go to the shm was I did not think it would have made much difference anyway. I was right. Someone had asked glenn what he really sold lta for, and he angrily and defensively (only people who did something wrong act righteous and defensive imo) insisted the shares were worth $10M. In hindsight, we know it was a gross gross lie and overestimation of the value. Due to the share structure and massive dilution potential and the fact we could not sell shares for a year plus which is a long time to let people cash out.
This time, yet another flaky deal for 2m shares? Despite hindsight? And how about exchangeing $500K worth of drne shares for $40K of wsgi shares returned to us? If this is not collusion, padding of his honig and kesner buddies that were incidentally also our employed consultants, and gross mismanagement, what is?
News 
Market Data 
Discover 
