InvestorsHub Logo
icon url

speedmasters

08/28/06 11:44 PM

#5146 RE: zagdad #5145

I'm glad to see most of the board members have dug in on mlxo instead of just sitting on there hands and doing nothing, I remember back in the fall of last year, it was me investo and a basher. Tom G was starting a plan on how to keep us out of bankruptcy. I remeber asking Sharon one day how is this company was surviving? and the answer was the high end products are still selling strong and that product is the audio division that they own! it was enuff money to pay the bills and keep 20 white collered employees in pay checks till this was turned around and production was started back up for the plastics divison! what is so sweat that they have no inventory, so everthing now is fresh and state of the art!

If wells fargo wouldnt of renigged on there operating capital loan in the package that MLXO did we wouldn't be here today at this price, now ya know why wells settled the loans at a discount, should of just sued the pants off them but tom just want to get the company back on its feet and not loose the damm thing in court! take to much time to sue them wells has a army of attorneys mlxo just had a smart CEO!!!