I will be honest thatis true. Here in pinky land what you get is what you get. Thats why when companies have goals like being on the NASDAQ its hard to believe they want to start down here especially hard to believe they want to buy out a cruddy scam company with a bad rep. Its something i tell every CEO/ BOD...never ever expect your investors to be the type you wish for...it will drive you insane! Live with what you got and expand on it, but never ever forsake your investors!
I just went through this conversation with another company. Its really common for BOD's to forget the equity because they think everyone else will fall in love with their company just as much as they do. The reality is that they love the company until it starts losing! NO ONE, I MEAN NO ONE, will take HUGE losses, downward spirals or down trends without selling and buying back in lower so they can catch another upside!
This is how stock is, its how investors are, and PR's and marketing are invaluable tools to keep investors happy. When i say marketing i mean having "Forbes" do an article on your company or something...Letting a news station interview you. NOT PUMPING through fluffy PR's.
I do think Dr. Husid can start to see my points, although it changes a little bit most likely, i think hes not an idiot and he realizes this has just begun so its not gonna be a good long term company if the first people touching it are walking away spreading information about the downside to MIHL. Its a bit harder to bring down "JPM" for instance by saying stuff bad, but a new company 3 months old, they cant afford not to satisfy their market. Dr. Husid is all about the vanity and personal integrity of MIHL and their BOD which after all goes on their resume's so...i think i made my point
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