I dont know Mr. Ottens personally other than our conversation on the phone. I tend to take people for their word. I'm not naive but I'm not ignorant either. Lets just say he gave me his word on what the company was and is currently doing. He told me not to sell any of my shares and to have some patience. He believes that the shareholders who have patience with him will be greatly rewarded in the month ahead. He was very excited and wished he was able to tell me what was in the works, but he wasnt. Lets just say he was very excited and emphasized that I dont sell any of my shares. He told me anytime I have a concern or question about anything to feel free to call him. He even offered to have me talk to the company lawyer about anything if need be. He was concerned about the number of emails he was recieving from people inquiring if this was a scam. This was his main motivation and reason for wanting to talk to shareholders like me personally.
I don't think the CEO talking to shareholders is bad, in and of itself. If he doesn't do it, who else will?
What I do find concerning, however, is some of this things he supposedly tells people during those conversations, like "you only lose if you sell." That seems very sketchy to me.
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