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art2426

01/16/19 2:28 PM

#168452 RE: Steph70 #168418

It is anyone's guess as to what the management is thinking, in all this. Really, what is their plan. Or is there even a plan? Are they happy just diluting the stockholders and collecting on their 50% discounted shares they received? They HAVE made much money on that, so are they satisfied? Wouldn't you think that they might want to reap more rewards from company success? Even for ego purposes, why wouldn't they want to see this company thrive, be successful and see their innovative products talked about, sold and used worldwide. The Canada thing just baffles me. NO effort whatsoever this far on capitalizing on that country. Right there, north of the border. Nothing said or done with sports franchises.

It is becoming more obvious, the longer we go with nothing happening, that this management knows they are incapable of launching these products worldwide. If their only goal was to sell the whole operation to a highest bidder, they were (are) not doing this the right way. They will be eaten up in any such negotiations by those big sharks, if and when they start negotiating. There is no way that any one of the BIG BOYS are going to be outsmarted at that negotiating table. The starting point on any negotiated buyout is the stock price at that time. Here we are .000, so that will be that starting point. JUST PUTRID! With their knowledge of financial troubles, I could also see their first offer being lower than that market price. With billions of shares outstanding and authorized, it seems like our only chance is to see some sales increases resulting in a higher stock price and using that as an exit point. Because if we ride along the backs of our management hoping for seeing that sale they are looking for, I honestly believe that we will get screwed at the end. Family will reap but stockholders screwed. Our ONLY hope for a favorable selling price is if the buyer sees the immense potential that these products could bring them, with the finances for a powerful marketing plan that they could provide. That and the fear of the buyer to losing these products to a higher bidder.

Then there is the possibility and IMO our best chance of stockholder return: LICENSING these products. Thus letting the knowledgeable licensee market all products and this incapable CEO and management sitting back and collecting commission on the product sales. This way they will be doing nothing -- similar to what they ARE DOING -- NOW!