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Nelderand

08/18/07 7:52 PM

#33190 RE: Steady_T #33188

Cool. Everything is the shareholder's fault, now. Every shareholder is supposed to be a daytrader, now? Every shareholder (owner of the company) is supposed to sell his shares if he does not like poor decisions/ performance by the company?

It is about time for the management of this company to start to take some responsibility for their actions. It is about time for this company to start communicating directly with shareholders instead of through the few with eyes wide shut who hang around to disseminate some general wanton phantasy. In real life, companies are judged by what they have accomplished in the past. So, tell me exactly what this company has accomplished over the last 12 and 18 months?

etatsdilos

08/18/07 9:07 PM

#33195 RE: Steady_T #33188

"You certainly had the opportunity to sell back when the RS was announced, but obviously chose not to."

When the RS was announced, no one, including and especially the heavy hitters on this board, believed it would fly. Nelderand's survey indicated that shareholders were almost 100% opposed. The belief that the RS was dead in the water continued, along with trashing of the RS by contractor, ctb, and others, until "a little birdie" posted a change of heart some three weeks after the announcement. By then it was too late to sell without a big loss, and it was still not clear at that point if the RS would pass. In fact, it was not clear (to most shareholders anyway) even up to the deadline.

A majority of shareholders voted against the RS. Remove a small block of voters (aka "the group") from the tally, and the RS failed by a sizeable margin.


winnotlose

08/21/07 9:31 PM

#33392 RE: Steady_T #33188

Very nice of Bitters to come out publicly and thank shareholders either way. he is pathetic