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chilar4567

07/02/10 3:43 PM

#33089 RE: sojourner #33088

Ninja, "Thoughts? "
Yes: re my post 33049 yesterday, I should haave bot the Big Mac!

Have a great holiday & thanks for all your most appreciated input.

lowman

07/02/10 3:52 PM

#33093 RE: sojourner #33088

Knowing the 'money man' that he is, yes, there must be some back-up plan in play here, if he's been ready to put out a PR for a month.

Also, knowing that there's most likely a good handful of others who might be willing to step in, leads me to believe he's waiting for a signal perhaps, from JLI, to 'move-on' or hang for a few weeks longer.

Seems JLI is in a pickle right now, between FINRA and an expected merger that would solve it's financial woes. By all appearance, the merger is still expected. Termination of all non-essential employees would be par for course if a money-laden merger group is moving in.

JLI might also be a rather good risk vs reward play right now, trading under a $2M marketcap.

rocketeer357

07/02/10 9:06 PM

#33097 RE: sojourner #33088

Thoughts?

This is the same Bruce Jones who was unaware of DR's dealings with Frank D..... all these people working for free have to eat and feed their families. Time for CSMG is, no doubt, allocated accordingly.

There's been a lot of shiite-talking about DR now that he's 6 feet under, but he was the SOLE champion of this company who put his money where his mouth was. For better or for worse, all the rumor and talk of bridge funding, IPO's and JV's, is a result of DR's legwork. He made stuff happen. His loss is potentially unsurmountable, especially based on the lack of execution since his death.

Now we have a flea circus at the top; everyone waiting for the $$ to happen before they'll put in the work that describes their lofty job titles.

And who could blame them based on the lack of progress to date?