Not gonna argue with that! That blog is exactl
Post# of 8059
Posted On: 04/12/2012 7:49:32 PM
Not gonna argue with that!
That blog is exactly where the info weve been getting should be posted. Theres no legitimate excuse for not doing that at least, unless he really is letting the price tank for accumulation.
Way back in my first posts on the Hub I said my only problem with this company and the way Bob was handling it was this exact potential gray area of witholding info Theres enough truly good reasons for doing it and theyve been stated over and over by many of us (true investors get cheapies, buyback is more effective, stops flippers from running this thing up and down (which consequently would lead to an even higher quantity of emails from flippers and additional new investors alike, and Bob specifically stated the flipping crowd as a motivation for keeping mum) keeps the company from tripping in their words again, he doesnt want to spend the money, NDA with Bao or other entities involved in the reported merger, a lacking need to report ad nauseum as they are no longer looking to the market to raise capital....and perhaps maybe there is
nothing in his eyes thats worthwhile to report (we could and do debate this one).
BUT the thing is, Even with all of those reasons, keeping good info, info that CAN be PRd, to help shareholders just shouldnt be witheld. Every person has a different timeline of what they can or cant do, and Bob needs to be sensitive to that. He seems to think that nothing he will say or do short of the whole ball of wax will get this thing going the right way. He made it clear in an email to me that he didnt even consider the fact that reporting financials or something similar would get us moving (he didnt say it, it was implied much like another post) I guess we expect him to have the exact mind of a penny investor, and basically know what minimal types of info can satisfy investors....when i dont think he has any clue. I guess why would he, as its not exactly what he did for a living. Weve learned what types of news info is LIKELY to produce better results than another, but thats because we are reading up on all types of stocks and situations in pennies. He didnt even envision his company being down this far, as evident by the original share structures, so how would he have the first clue about the gears down here when hes been doing something else his entire life?
Im not defending this lack of communique, im just putting it in perspective. Some things just arent as obvious as others, so unless the exact right thing is said to him hes not likely to react any sooner than hes ready, and for reasons he may feel are truly acceptable and without maliced intent. Its a complex situation no doubt, but because we have nothing to go on besides production pics and our accounts are ugly looking, we feel like we deserve an explanation. And we DO, and we DONT. And that just isnt comforting, especially when you have people in your ear you just want to shut the %#^~€ up, and Bob can make it happen.
That blog is exactly where the info weve been getting should be posted. Theres no legitimate excuse for not doing that at least, unless he really is letting the price tank for accumulation.
Way back in my first posts on the Hub I said my only problem with this company and the way Bob was handling it was this exact potential gray area of witholding info Theres enough truly good reasons for doing it and theyve been stated over and over by many of us (true investors get cheapies, buyback is more effective, stops flippers from running this thing up and down (which consequently would lead to an even higher quantity of emails from flippers and additional new investors alike, and Bob specifically stated the flipping crowd as a motivation for keeping mum) keeps the company from tripping in their words again, he doesnt want to spend the money, NDA with Bao or other entities involved in the reported merger, a lacking need to report ad nauseum as they are no longer looking to the market to raise capital....and perhaps maybe there is
nothing in his eyes thats worthwhile to report (we could and do debate this one).
BUT the thing is, Even with all of those reasons, keeping good info, info that CAN be PRd, to help shareholders just shouldnt be witheld. Every person has a different timeline of what they can or cant do, and Bob needs to be sensitive to that. He seems to think that nothing he will say or do short of the whole ball of wax will get this thing going the right way. He made it clear in an email to me that he didnt even consider the fact that reporting financials or something similar would get us moving (he didnt say it, it was implied much like another post) I guess we expect him to have the exact mind of a penny investor, and basically know what minimal types of info can satisfy investors....when i dont think he has any clue. I guess why would he, as its not exactly what he did for a living. Weve learned what types of news info is LIKELY to produce better results than another, but thats because we are reading up on all types of stocks and situations in pennies. He didnt even envision his company being down this far, as evident by the original share structures, so how would he have the first clue about the gears down here when hes been doing something else his entire life?
Im not defending this lack of communique, im just putting it in perspective. Some things just arent as obvious as others, so unless the exact right thing is said to him hes not likely to react any sooner than hes ready, and for reasons he may feel are truly acceptable and without maliced intent. Its a complex situation no doubt, but because we have nothing to go on besides production pics and our accounts are ugly looking, we feel like we deserve an explanation. And we DO, and we DONT. And that just isnt comforting, especially when you have people in your ear you just want to shut the %#^~€ up, and Bob can make it happen.
(0)
(0)