I disagree FG. I still own every share of SEVU I ever bought (unfortunately). At this point it would be rediculous to sell. My investment is worth 1/10th of what I put in. The last I heard, Bill had repurchased shares also. That dosen't matter. What does matter is Rich and our management team are stealing our future equity by giving themselves shares "on the cheap". If what we were told by Rich some months ago is true (and we all have to doubt that now) then the SecureView product is a gold mine. Dosen't anyone remember the statements that Home Depot and Wal Mart want this thing but we are not going to give it to them because it eats away at too much of our profit? Remember how we were going after the high margin sales first? Come on guys and girls - THIS IS WHAT WE WERE TOLD. I thought it was a good idea at the time. That time was over 7 months ago without one major contract completed. As I said in a prior post, selling to Wal Mart or Home Depot would look pretty damn good to me now. What is happening though, in those same 7 months we have been diluted over 33%. From 12 mil shares to over 18 mil. We have a 20 something year old running our marketing department. We have a management team all without a masters degree, and a CEO & COO from a company currently strugling to survive. We have more promises from Rich - who still appears to be running the company. We have our former CEO (Rich) posting on message boards out of control. And we have squat, nada, zilch in contracts for our past 7 months of waiting.
Sell and get out of the way you say. Hell FG, it seems to me that if we could get Rich and the current management team out of the way we could make some money. Abandon the high margin sales strategy and get this thing to Wal Mart - before someone develops a better mouse trap. And, oh yea, GIVE THE SHARES BACK RICH!
MH
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