I'd love to get a statement or at least a shareholder conference call. I own a business (not public) and I understand the ups and downs with a business. I'm not faulting him with income he takes from it, that's partly how a business is to run for founders. Sometimes you need to use money to make the business grow (ie. PR, Advertising, Research) but it all has to be within reason. Especially if it's a public company. Now that real estates is in a monster slump and should continue to be that way for another year or so, there will be big opportunities. I still own shares and with most companies, the original owners will hold onto preferred shares to protect themselves against a takeover, but don't forget the little guys. IMO if they were to take a step back, look outside the company for someone to fix the headaches, this could be a very strong company.
- still holding on to faith on this one...selling isn't worth it at this point
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