Todays email with Eric I sent this this morning
Post# of 7290
I sent this this morning to vent my frustration at his ongoing promises that never materialize
How low do you plan to allow the share price to fall before you tell the longs what is going on. The only people benefitting from your management style are the bashers. PLEASE give us some information even if it is bad. No information is always bad as you have shown many times in the past. Please hire a competent CEO to run this company.
His reply
Hi John - your email was reasonable until the last question, which was sophomoric, insulting and incredibly uninformed. To say that I am NOT competent as C.E.O. shows that you have no clue as to what our activities are, our strategy, and our challenges. If you can find someone else to work for Zero Salary (how much I've drawn in over a year), plus someone who will work 80-hours a week and LOAN over $50,000 in hard cash (this past year alone), then go for it.
If Eric maybe kept us informed of the facts and not his wild promises then there is a chance we would believe in his capabilities.
My response
Rather than crying over how hard you work maybe you could show some respect for those of us who have invested their hard earned money in your company. For your information not only have we not earned anything we have lost money thanks to your total lack of interest in our support. I think you are being insulting when you can’t even act in a professional management style and give us the information we ask for, rather than a constant stream of promises that never materialize. I think you just answered my question we need a new CEO. You stick to working with your hollywood buddies whose idea of the real world is so far divorced from other business people. (see the proportion of lawsuits to successes). I’ll pass on your comment to other longs who are a lot more angry than I am.