"What is really going on is the perverbial wheels are coming off the WNBD fun bus,"
Thats a fact Jack. Its what happens when the truth comes out. Shouldn't be any surprises here though. I understand the anger...the dialogue content....it just doesn't men much. The accountability lies with the CEO...not those who saw his mngmnt for what it is/was.
" the longs are starting to realize they just got slaughtered after Eric noted that a R/S is now VERY possible."
Some get quiet...some still cling to hope...some get angry. Getting slaughtered is a consequence and its hardly anyone should excuse and make it right by saying..."I have the cash to absorb this loss...or accept that its my responsibility". Hog wash....its a investors job to protect his money...but understand that its a CEO who has to perform and be accountable. Actions are the true measures...not fluff blogs. Being taken in by empty chit chat is a very compelling justification....it is addictive always keeping a dream alive while nothing goes on.
JMO...All and every post based on financials, chill on, dilution maxed out, no cash, 90 days for friendly financing passed some 4 months ago, a failed business plan that had the CEO's own measures that never came, and 7 years of chart history.
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