I don't think anyone posting over there today is a paid basher. I think more it's just longs getting frustrated with Mark. If anything, I think there is a paid promoter. The stuff that comes out of Perfect is just tooo much. This company has problems, Mark has problems, and he needs to get busy addressing them. This stock will go nowhere quick unless he gets that stop sign off. In order to do that, he has to file the financials. No getting around it. And because he let it go to stop, he not only has to file Annual, but also 1st quarter in order to Tier up. It is frustrating,
BTW - New Mailbag entry.
Mailbag
Dear Shareholders,
Just an update on a few issues.
1) The financials will be done very soon. The delays have been with our legal people who sign the paperwork and want every "T" crossed etc. Lots of details have to be made perfect. I am sorry for this, as I thought they were done before I left for China.
2) One person wrote saying he had concerns that dealership names were not being provided in a listing for buyers. Our previous Mailbag answer did not intend to get that meaning across. When inquires come in, we certainly give them the nearest dealership to their location. Also, we are working for ways to have Dealers linked into our website from their websites.
3) One stockholder wanted more detail on the Tractorco defamation case. The facts are that Tractorco purchased tractors after representing himself to have the qualifications we had required for a dealership.
In the Arbitration he said his store was only open on appointment. That he had no employees. He contracted out all his work. When the Judge ask him about the problems that he claimed he was having with Tytan, it amounted to three failures. The Judge ask him how many repairs had he done? He said actually just one and the other two were just "preventative repairs" without actual failures. Then it was discovered the one repair he claimed with Mr Olsen, was actually a "used tractor" he had sold. It was sold to the final user Mr Olsen, in "AS IS" USED condition. Tractorco had made the misrepresentations to the Consumer Protection Agency (CPSC) in a big way and that is what the Judge elected to charge him with. The Judge ask him since he claimed it was a " life threatening situation", had he contacted the other 9 people he sold tractors to. He responded that he couldn't find them to contact. I might add that TYM who he makes his great claims on his web site within his "BEWARE OF" ad, also dropped him as a dealer. This was a very pathetic case.
