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  4. Shub's Shack Message Board

And, of course, no word on why we are getting floo

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Post# of 2009
Posted On: 06/17/2015 12:18:09 PM
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Posted By: Shub
Re: Sir_Francelote #560
And, of course, no word on why we are getting flooded/diluted with all these extra shares. It's utter and complete BS that they expect investors to wait months for the SHM to tell us what is happening. Maybe they are trying to come up with a good story while we are waiting. Their IR source was probably so excited about it because those new shares were how he was getting paid.

Also I'm sick to death of this comparison to NFLX and the share numbers. NFLX made one moderately stupid mistake trying to split off the DVD and Streaming businesses, and when they backed off that, they have continued to make solid business decisions and run the company well. Tell me how, other than pure BS speculation by the ponyboard, how NTEK is following that same example. They can't put anything out on time, they constantly fail on their deployments and make themselves look like technical imbeciles, they lie to us repeatedly about content and numbers and leave us in the dark about partnerships, and now they have been diluting the crap out of our initial investment, with little to nothing to show for it. Ok, no "little," all "nothing." And now we have to watch our investment dwindle away even further in the hopes that this management team would deign to bother explaining to its investors what they are doing to the company we paid with our own money to support. I would be embarrassed as hell and feel awful about what this would be doing to my investors in my company if this were me, and I would be telling them what was happening. I guess that's why I'm here on this board bitching about it rather than running my own company and using other people's money for god-knows-what.


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