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balihi

12/16/10 8:37 AM

#115133 RE: hogface #115132

I know this may be hard to believe,but Ken just may be a decent person....you know,a human being who actually cares about shareholders.
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Stayahead

12/16/10 8:39 AM

#115134 RE: hogface #115132

That is a very short term approach you are describing. If this were the case, Ken could have sold a significant portion of his 165,000,000 shares and just said see you later guys.

Long Term, I think he has bigger ideas. Nothing I have seen over the past 13 months has shown otherwise.

Ken's own self interest might be to become a BILLIONAIRE and with 165,000,000 share he could if he does what is right for the shareholders long term.

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FadeMeToWin

12/16/10 8:42 AM

#115136 RE: hogface #115132

On the second day of class you learn that when you screw people over you can only do it once. Those that want to achieve longevity in business do not serve turd sandwiches. Yes, they look out for the company but there are ways to do that where the investors benefit as well and then you can get to the ultimate business success which is the "win/win" principle.

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stingray2

12/16/10 8:48 AM

#115139 RE: hogface #115132

Economics also dictates that if personal self interest is in line with shareholder intrest (Ken & Family is majority shareholder) then the benefits of the majority benefits all shareholders.
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Biochemist2002

12/16/10 9:19 AM

#115158 RE: hogface #115132

Point taken. But replies to your post make good points as well. It is in Ken's best interest to take care of shareholders. After all, he is a shareholder as well (and family, friends, etc.). To answer your question, no, I don't personally know Ken. I was just answering elcheepo's question as to where his "concern for shareholders" was PR'd. And of course, actions speak louder than words (even words in a PR). I believe Ken is trying to benefit shareholders, as evidenced by the actions he's undertaken the last 13 months or so. If Rusty Ridge doesn't do so well, or if some of his other plans don't pan out, I doubt it would be for lack of trying. Admittedly, this is just my opinion, and I've been wrong before...but I've also been right a time or two.

I guess it's just my nature to give people the benefit of the doubt, and I wish us all the best of luck with KATX, as with all of our investments.

~Bio