Posted On: 08/06/2014 11:26:14 PM
Post# of 1149
Re: archeogeek #1067
Well, frankly I can not speak factually about any of it as I just do not have the full data.
With that said, I can tell you what I think. I think Sterling Scott was not an educated CEO and got in over his head. I think some folks made him believe things that we're not true and he in essence got suckered. I do not doubt that he could run a small business, but, the difference in that and a public traded company are huge.
I firmly think that replacing him was the best thing for the company and now that the re-structure is moving forward , and things are changing, maybe PHOT II will have a chance to survive. They still have a way's to go though. Kristi listed the 8k which shows the transparency which now is absolutely fundamental to shareholders currently holding shares and any future ones. They hurt a lot of people in more than a financial way and have lost trust.
So far, I think Mark is doing a great job with what he has to work with and through. It will just take time.
Do I think anyone did anything illegal on purpose....I don't know, but, I don't think so, I do think it was ignorance, which is no excuse.
GLTA
With that said, I can tell you what I think. I think Sterling Scott was not an educated CEO and got in over his head. I think some folks made him believe things that we're not true and he in essence got suckered. I do not doubt that he could run a small business, but, the difference in that and a public traded company are huge.
I firmly think that replacing him was the best thing for the company and now that the re-structure is moving forward , and things are changing, maybe PHOT II will have a chance to survive. They still have a way's to go though. Kristi listed the 8k which shows the transparency which now is absolutely fundamental to shareholders currently holding shares and any future ones. They hurt a lot of people in more than a financial way and have lost trust.
So far, I think Mark is doing a great job with what he has to work with and through. It will just take time.
Do I think anyone did anything illegal on purpose....I don't know, but, I don't think so, I do think it was ignorance, which is no excuse.
GLTA
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In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA
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