This is what I think happened.....
Once upon a time last year there were quarterly reports. Suddently in the 3rd quarter last year they stopped. At the time I think they stopped because Jd had some brilliant idea "given to him by people give him bad advice" that if he was going to do the divy he needed an accurately count of shares so he could get it right. So, he ask all the MM's to come up with stock certificates for all the shares. Some of them immediately bailed. "Insert your own idea as of why here". Anyway, JD could not get an accurate count of certifications so he couldn't do a divy "Insert your own idea as of why here". Personally I believe there was a nss position and the MM's that bailed couldn't come up with the shares."No matter what supposed evedence there is to the contrary. That supposed evedence is created by the same people would would have done the nss position." There are other things taking place here that has helped JD ruin the pps.
So.... JD cancels the ETC divy. "Which none of us wanted anyway". But for some reason JD is ashamed of what at the end of the year last year looked like. I figure he spent tons of money trying to get ETC born and it makes him look bad or stupid, or both. I choose to believe something "realistic" instead of "sinister" as other would believe. I don't think JD is a "bad" person, I just think he doesn't know how to run a public company as is evedent in the constant pps decline since the ETC divy announcement.
The reason there hasn't been any financials from last year or this one even is unknown. There will be a lot of people that believe "sinister" things here, but that's ridiculous he's not stupid in that way. JD was just a BAD CEO. There will be a lot of conjecture as to why all this happened, but truthfully we just don't know because JD has kept his mouth shut instead of telling us what happened. We are big shareholders we can take it. But still there is silence......
This pps could go up real easy. If he produced quarterlies from last year and this year. Bad or good the pps would go back up. Complete transparency is what we need. This company may be a pink but if he want's his pps to ever go back up he needs to stop acting like one.
Anyway, hope this helps.
Owgur
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