Stars, I appreciate you taking the time to share this, and no, I would never judge without having a complete picture, and honestly my judgement is exclusive to Feldenkrais. I’m in no position to judge other peoples decisions with their money. Whether there’s a lesson here to be learned, it has to be on individual terms.
My preliminary assessment came from recently learning from at least two people in a short period of time (GTC and now TX), and previously in a PMs from another member, and I think it was last year someone else that was booted from the chat early on for challenging the spin about the case and Feldenkrais’ involvement, as it was portrayed in these instances to be a rah rah group.
I didn’t put any emphasis on it because it’s inconsequential (except what TX noted with OTCM intrigued me).
I’ve been in many of these types of groups and know the dynamic collectively doesn’t often mesh. Imo in most of these groups folks are there for validation of their own decisions, which unfortunately they get so tangled up in the lie that it often leads to their financial demise.
I’ve witnessed firsthand folks offer thoughtful and well researched due diligence, yet get pounced on because it’s not on the same wavelength and challenges the collective’s core beliefs, so this not a foreign concept as it’s readily seen on social media, message boards and groups. On a side note, for the exception of one or two, this board is very good with keeping it respectful. I get what you’re saying with group chat having a basic concept of TOS, it would be a hell site without it, I’m sure.
I’ve only ever been in one chat group that instead of coddling one viewpoint or another, positive or negative, it nurtured free expression (politely and concise) to serve the greater good — which was helping each other strategize trades by free flow of ideas to challenge a preconceived notion of a long or short bias, and gain fresh perspective on the contrarian viewpoint — instead of stagnation.
For some reason I assumed Feldenkrais checked out of this group (s) (multiple groups at some point; pre, post CE?) when things got messy, that it would look shady when you’re a CEO of company embroiled in a criminal scandal. This is what’s concerning. This is the only thing, the very idea of it, is what I’m judging — the very fact that he’s still there is worth questioning. As much as the members have a direct line to the CEO, he’s there for his own selfish and unethical reasons — to keep a close eye on the chatter, because he is, for the most part lazy.
From my personal experience, the type of CEOs that are ongoing member of a private chat, for lack of a better word, are frankly shady, because this is not an ethical way of serving shareholders and there’s an ulterior selfish motive. Why else would he be there? As a matter of fact, he’s doing no one any favors by communicating only to a couple dozen people. You might say he barely says anything or participates, but it’s still selectively only engaging in his safe space.
A simple question that maybe next time you can ask him: why are you here?
Here’s a good example that you can relate to: I was in two groups back in the day with execs in the big case — one with CFO and another with CEO. They were there not to share anything of substance, but to keep an eye on the chatter. As soon as someone would post something alarming there, then one of them would be in a DM to us asking “wtf is that all about”. “Do you know this person? Where is he getting the information?” Within a day or two max there would be a PR trying to calm the masses before the rumor got traction, which eventually all turned out to be true. They use these groups to stay one step ahead, and by carefully crafting PRs to fit the narrative or dispel whatever negativity is circulating, or to spin away from what may be factual. This is why his mere presence, as a frequent participant or not — is shady!
So, I learned Feldenkrais is still in this chat by a post here referencing what would’ve normally been disclosed in a PR — about the account being locked in request for a NOBO list. The mention of NOBO list made no sense to me. I felt like a schmuck looking everywhere for a PR (LOL) — until someone mentioned it’s on Stocktwits,, and thanks to someone else who clarified that it’s not a PR but a screenshot posted on ST from the chat group. And then I realized you were a member and figured, heck let’s ask Feldenkrais some questions.
In conclusion, nowadays there are multiple ways of communicating with shareholders that isn’t questionable, and yet transparent. Definitely not a private chat on Telegram!
By this time, nearly two years later he could’ve made a huge contribution by opting to be transparent, yet he chose to be a member of this private group.
As I’ve mentioned before, he could’ve been using his corporate Twitter account (SEC approves) at a time when it wouldn’t have been perceived as pumping the price because no one could buy, rather it would’ve been building trust, r instead of utilizing it only when he needs to manipulate the narrative or price. He could’ve held a quarterly Twitter Space where everyone could’ve participate and ask questions, but he didn’t.
He’s done none of that! Besides the most important aspect which would’ve been working his ass off on plan B, C, D, to show he’s doing something, anything at all — which judging by the financials in the past year or more he hasn’t been doing much of anything, except racking up debt.
He didn’t do a lot of simple things that would’ve changed how he’s perceived, by being open and participating in an open dialogue with all of his shareholders about the good and bad, not even having to be specific by a disclaimer that he won’t answer questions regarding the case — what could it have hurt?
How much do you think that Twitter account is going to get used when it only matters to him? I’m willing to bet if/when that CE comes off SHs will be buying more bogus subsidiaries that will have to be pumped to support 1.5B (not counting SHs exit) overhang that is sitting on sidelines ready to be dumped.
Imagine for a moment, how spending a year and ten months changing hearts and minds, showing transparency, discussing a possibility of a plan C, when A and B failed rather quickly, addressing the many valid concerns (besides involvement with Svorai) posed here as to their viability, how this gesture would’ve affected trust and stability of future performance, especially when you have minimum 40% of the OS ready to gtfo. Imagine…
On the other hand I can see why this would’ve been a very bad idea for someone with too much baggage and a ton of shady shit to cover-up, but that’s the point I’m trying to make……he couldn’t come out of that private chat long enough to save his own proverbial ass. So he’s bunkered down in there with people fighting his battles for him.
There’s nothing admirable about this guy — nothing that exudes a shred of legitimacy, except he has managed to emphasize every negative bias out there, with double emphasis on the shady OTC CEO stereotype.
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I only wish you and everyone stuck for two years the best outcome. You of all people deserve it brother :-D
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