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Replies to #5437 on NNRF Inc (NNRI)
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JellyDonut

03/29/08 8:02 AM

#5438 RE: moneyguy1969 #5437

I wish you had replied with this post rather than your other one, it's much more intelligent.
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GIBBER

03/29/08 2:23 PM

#5440 RE: moneyguy1969 #5437

Well we need to get organized if they fail to deliver on the earnings (their track record shows they are continually late for the 2 & 3 qtr results)on time. The shareholders that are going to make up excuses for them like it is tough will just give this management a free pass on everything they do. Is this how you raise kids no consequences for bad behavior?? These shareholders that what to do that are never going to get their money back. These guys blow it this time it is the last straw. So let me know which shareholders what a management change if they fail here? I am going to the annual meeting and I am going to push for a change so we have some hope of getting our money back. We have a good case of doing it. It looks like Kingtrophe has it all documented of all of the things that could violate SEC rules and laws. With this information we all know we can pressure the board to make the changes. We will never get our money back if these guys do not deliver the earnings on time. This would be 3 qtrs in a row. How could the NASD list a company that cannot release the earnings on time. I am sorry to hear it is difficult to do the audit - well get new managers that can get the job done. When I was a supplier to GM & GE if I did not deliver product on time to keep a production line going I could not use the excuse it was difficult. The consequenes were high - $100,000 hr for every hr the line was shut down by me. So do not give this management any more time or excuses. If I shut a line down I would be fired ASAP. So lets start to look at this like any well run business if they cannot take the heat get rid of them. I have no more patience for this management team. They have not been truthful to the shareholders. If they had I might give them 2 more weeks but they have pattern of missing and not delivering anything.