Cagle10-My sentiments almost to a tee. The only difference is that you have been here much longer than I. I used to love biotech stocks but more times than I care to remember I got burned by those CEO's, the biggerst difference is that they had basically nothing but theories and fluff pr's to show after I supported their extravagant butts for several years. Now for my ramblings(LOL). This is not in defense of Mr. Fleming, just something for people to think about;
As I look at the movies I have sitting in front of me from GZFX, it something I can touch, watch, and return for more to watch. It tells me as a member that Mr. Fleming and Mr. Gallient and doing their job. The investor side of me still believes that they are an emerging company with a great future ahead of them. I like the fact that they are not feeding the investors fluff after fluff pr's in an effort to keep the investors (that we all read about here and everywhere) happy. I can only reflect on the fact that we all learn from our mistakes and life goes on. GZFX has the experience of Mr. Schoonover to call on (from his Bestbuy/NFLX days)as he did this once and he'll do it again. I can't picture CC's new CEO (Schoonover) pushing the rollout to his company and starting it. They placed him in charge to make their company profits, and I don't see him messing his track record up, not with all the resources available to him (DD wise, legal safegaurds, etc.). As for Mr. Fleming, if nothing else he is human. Humans by nature are a bit "greedy". He holds 125M+ shares, now would he rather them be worth $1,250,000.00@.01pps or $125,000,000.00@$1.00pps? I am thinking that the "greedy" side of his makeup (as everyone say he is) would choose the latter (which is what everyone says he isn't pushing for). Know what I mean? Remember, I'm agreeing with your post-Been There,Done That,Didn't Like It Much". Is all I am saying in my rendition of my ramblings is like what Reb said last night, he's not saying or doing what everyone wants to hear or wants him to do. He might be a little "rough" on the edges as goes his people pleasing skills, but I am figuring(and hoping) that he has honed up on his business skills and is keeping everything moving at a brisk pace, on schedule, and keeping abreast of an industry that changes almost daily it seems. The only other thing that keeps coming to mind (actually there is much more) is that I bought my house ten years ago at 65K, just had it appraissed at 229K, I have friends in Detroit who work on an assembly line making 60K a year + their overtime. The almighty buck doesn't have the clout it used, inflation, etc.,etc.,etc. I don't think managements salaries are that out of line with what they have taken on for a career. They started it, are building it up, invested their (I know, and ours) money in it and are paving the way for us to get our rewards. Of all the places to read the critiques of expert entrepanneurs this is the last place I would think you might find them and their expertise. As GZFX hopefully makes strides forward and peoples profits soar they will "grow and learn" and like GZFX will, move to the big boards like NFLX, BBV,CC, and the rest.I read about the "riches" that many feel they deserve "overnight, a month, 6 months" from what is one of the riskiest stocks there is-a PENNY STOCK. I know, I am here too, but as I have said over and over, and will once again, to quote Buffet "Wealth is the transferance of money from the impatient to the patient". Unfortunately people that are here need that patience IMHO. It is the one virtue I wasn't born with and have had to learn here,LOL. So to draw my therapy essay(LOL) to a close, I guess IMHO once again, I think there are many things happening and moving forward that we don't know about yet and will soon. GLTA...
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