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einrad

05/06/16 8:17 AM

#30183 RE: BizManCali #30177

How do we know Adrian does not have another job and this is just a hobby for him? What do we really know about him? There is no proof this is his only job. I sincerely doubt it.

Ed the Trader

05/06/16 3:04 PM

#30212 RE: BizManCali #30177

"Agree, I think some here would rather have Adrian sitting at his desk replying to 100 emails than working on getting product back on the shelves."

It is actually quite startling how little many shareholders here understand their place in this situation.

In a "normal" corporation... meaning a business that is more or less consistently turning a profit, and is decidedly NOT an OTC Pink, shareholders matter to the extent that there are annual shareholder's meetings, and holders of shares of common stock actually have one vote for each share of common stock they hold. These votes can be used to re-elect the current board of directors, or replace them with a different board of directors.

The board of directors can choose a new CEO any time they think it best for shareholders.

So, a CEO is under constant implied pressure to ensure the business performs well enough to keep shareholders happy enough so that they do not boot the current management.

In an OTC Pink corporation, none of that happens.

This means that the only time the CEO of an OTC Pink corporation really cares about investors and shareholders is when there is a need to sell more shares to raise more cash.

The rest of the time, although a Pink CEO does not mind when something can be done to please shareholders, any real focus on that is a luxury that they cannot afford because they are trying to boost the struggling business. Consideration for shareholders is just a distraction that takes focus away from where it must be to maximize the chance at success: improving the business.

In any given day, just like the CEOs of most struggling businesses, Adrian likely is so busy concentrating on the work which might help the business do better that he has little or no time to think about shareholders.

So, if you cannot handle being ignored, you probably should be buying stock in companies that already consistently make a profit, and have a dedicated investor relations point of contact to always respond to your silliness on a near-instant basis.