MATADOR, yep the company would appear to have potential but not when you have management taking every liberty, both legal and illegal, and taking every bread crumb in the cupboard for himself - under his regime there will never be anything left for the investor and the price shows the market place has figured that out...bad for many of us who are bag holders unless there is change. You only need to look at the personal and business company he is keeping to run for the hills....Dial, Eldridge, Jarvis, Leonetti,and now we discover that the convicted and banned Tim Pinchin - it doesn't get much worse than this dude (www.sec.gov/litigation/admin/34-47580.htm)
Your repost of the "firing" of the only Director we have ever had who got wind of the antics going on, understood that he represents the shareholders first, and apparently asked for the resignation of the President and an investigation as to previous behavior should be researched by all shareholders and prospective investors....just start with a serious reading of the filings (oops..and the lack of many key filings!!)...so instead to the other Director, Perry Mansell, taking the care he should and at least calling for explanations/investigations/ etc. he backs the piggy President and also backs Jon's move to taking care of the 'new itch' by just dismissing the Director, Rick May, (who by the way is an acquaintance of Jon's for many years and whose web site about his son who fell in the line of duty speaks volumes about Rick's ethics, integrity, and the respect he has from many sectors of our society. Take a minute and learn about the man/family who is fighting for we shareholders - and let's back him as it is not over just because he's been fired for questioning the King! Check out www.officerrichardmay.org
I find it hard to understand what Director Perry Mansell's excuse is gonna be down the road and I hope he has deep pockets because it will likely get painful and expensive for him personally. He has been alerted by a number of others as to the issues and his potential liability....there must be a hellova an incentive involved for a 'yes, Jon...how high this time?' behavior on his part.
Now we wait to hear if, when, and where the shareholders meeting will be held, its due......
Now a great time in this nation to get rid of those that are costing us all our investment dollars and deceiving us along the way. The climate is right for justice IMHO.
zagdad
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