Thanks, I appreciate that. I hope you can do well with a good hold or some good trades, too.
I am speaking from experience and knowledge of the business environment when I say I am very well satisfied with what management is doing and trying to do. I have had several good correspondences with Rainer and understand what they are up against. I'm not blind to the fact that there are stocks out there where management doesn't give a flying crap about the (owners) investors. I don't believe that this is one of them.
If history is any indicator of the future, this may not turn out to be the best investments, but in asking some tough questions and some that are more technical and in depth than I believe some have asked; I am sure that the complications and obstacles facing this (and MANY other companies) have been dealt with in the best way possible. Whether the measures instituted are sufficient, has yet to be seen. I'm not slighting anyone for questions they may or may not have asked, I'm just saying that I have spent an exponential amount of hours reading laws, proposed bills, regulations, and corporate rules which dictate what a public company is permitted to do, and the tremendous expense associated with doing everything that everybody on this board would like to happen. (Believe me, that's some riveting literature, NOT.)
The ONLY reasonable means to keep the doors open, was the toxic financing. I HaaaaAAAAAAAAAAATTE it, but that's the way it is. I know this personally, because I have sought my own business financing. The terms of such financing were totally unacceptable to me, so I am still somebody else's employee. I had the benefit of being able to turn down that financing because I'm not already in business (YET.) MWW did not have the same choice; they were already in business and had employees and shareholders to look out for. To keep the doors open (after the disaster that shut down their MAIN customer,) they HAD TO agree to unfavorable terms of finance or close shop, fire employees, and declare BK. Not much of a choice and I'm glad I didn't have to make that call.
I know that many on this board with argue the fact that they were looking out for anybody's best interest, but if they didn't make the choices that they made there would be no company for us to be having this discussion about.