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bepo

03/04/11 10:08 AM

#25561 RE: RuffRYder #25555

Wanted to Thank everyone who sent in questions for Troy !

I like the replies....except for one...you will see it below and a reply to Troy
Morning Troy

I love that you care enough to reply to the investor questions. As I've commented before, think the company is moving in the right direction, and can't wait for March 10th.


Still do not agree with your position on question 28 below...and I'm not alone.

28. What should we expect about news? Will it continue to be mixing good news in with the bad?

Will it be better timed for the concern of shareholders?

RESPONSE: If I become aware of good and bad news in the same timeframe, you can be sure I will not

sugar coat the good news and hold back the bad news for the benefit of a few short-term investors. I

believe we have an excellent business model long-term. Myself and our Board of Directors will continue

to make decisions we believe are in the best long-term interest of the company.



My issue is with the timeframe. Current investors were not aware of the R/S announcement in Dec. In fact, the event was pre-announced 5 weeks before it was to happen. With faithful followers waiting for strong earnings news,announcing the R/S was premature . Waiting to see where strong sales would take the pps is not sugar coating !


The announcement of the doubling of A/S was no better. You had already made several public comments about record sales, increasing earnings estimates going forward and maybe even a stock buy-back. So while you were working hard to meet a filing extension you vote to increase A/S by 5 billion. Investors are anxiously waiting for confirmation of good news you had already reported. Long term investors added shares before the news.....why would we wait till after the news. Short term investors bought after the drop and will sell after the march 10th news!


Long term investors, the LFBG Faithful got crushed Twice....the short term investors, market makers and shorts keep making a killing.


I've commented before about the need to sell events like a R/S or doubling of A/S..... the time is coming....its March 10th ! You show the plan for the future and how you plan to get there . Doubling the A/S is part of the plan, not something you announce with record earnings and your 1st profitable quarter. Also, if you were concerned about not being honest, then you vote to increase A/S AFTER you issue the news your investors have been anxiously waiting for !


Thanks
Michael

I'm tired of the surprises and wanted to hit the good news /bad news point again. Also get tired og being linked to short term investor. I'll post the reply if I get one.............