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Dickmo

04/12/18 1:40 PM

#18187 RE: greasemonkeyshoes #18186

Grease - I don't think you understand. Management has absolutely zero incentive to promote the stock. They have been running this as a private company for quite a while. You just haven't noticed. Well now that the stock has dropped in price, now you start to notice.

Nothing you can do or say can stop management from doing whatever they want to do. Nobody has answered this question yet, so I'll ask it again. When was the last time any long time holder remembers voting for the Board or auditors for this company? My guess is it was several years ago.

What does this tell you? Management has enough votes to make their will a foregone conclusion. That makes it possible to run this as a privately held company with a tracking stock. And that's exactly what they have done. If the stock goes to 80 cents, it will only help them to acquire shares faster. If it goes back to $1.10, it will slow them down a touch, but it doesn't matter. Heads they win, tails you lose.

Just my opinion, but there is no reason to be a minority shareholder in a company run for management's benefit and not yours.