Just because I took the risk does not relieve the company of all responsibilities. I got it, I pushed the button, several times. As far as nothing being said here will change anything, neither will being silent.
I happen to think HJfan is in fact close to the company, and by his latest post the lack of understanding between stock price, shareholders, dealers and company operations should be concerning to anyone invested or distributing.
A stock is a health indicator, you can't deny or should you ignore the relationship. I think he gets his views direct from the company itself because I have heard them say the stock will take care of itself. Nothing is further from the truth.
When your stock is tanking its a sign that the company is struggling, to ignore that is just the craziest thing I have ever heard. If I were to want a distributor area and I am going to drop 25K or whatever it is now, the health of the stock would be a part of that decision. The same as everyone keeps pointing out that "I bought the stock" could be use for the dealers as well, you bought a dealership knowing the company has issues, sorry. To think that a person would ignore the issue is a pipe dream. Maybe it is a feel good speech at the company level but it just isn't reality.
The stock also plays into your direct sales, maybe not to the guy walking past your booth, got it. But what about HJOE Korea or Europe or Canada? While I think/hope these deals are set up with the reps already how would it have played out if the company stock was being delisted? How much would you invest to work a entire region not really knowing the company is able to stay afloat? Now I think the company is strong but I would not touch investing that kind of resource today with the company.
When your stock is strong you can also wear a different pair of pants when dealing with everyone, your position will be bolstered by strong economics. It can be one of 2 ways, here comes the big dog or here comes the struggling company.
The worst thing about this is the company is self inflicting allot of these wounds by either ignoring or just plain not understanding the relationship with the stock side of the house. I happen to think it is a little of both.
This can be turned around, but in my opinion, while seeming harsh, demand it. Being quiet is what got us here. The request from the stockholders is completely reasonable and should be common sense. Obviously the route taken so far is NOT working, what would be the harm to fold us into the "Master Plan" As far as me buying the stock knowing the risk... you could maybe say that down the road as well. You knew the company wasn't doing the right thing but you said nothing to try and change it, also leading to you get what you deserve with your investment.
I happen to think HJfan is in fact close to the company, and by his latest post the lack of understanding between stock price, shareholders, dealers and company operations should be concerning to anyone invested or distributing.
A stock is a health indicator, you can't deny or should you ignore the relationship. I think he gets his views direct from the company itself because I have heard them say the stock will take care of itself. Nothing is further from the truth.
When your stock is tanking its a sign that the company is struggling, to ignore that is just the craziest thing I have ever heard. If I were to want a distributor area and I am going to drop 25K or whatever it is now, the health of the stock would be a part of that decision. The same as everyone keeps pointing out that "I bought the stock" could be use for the dealers as well, you bought a dealership knowing the company has issues, sorry. To think that a person would ignore the issue is a pipe dream. Maybe it is a feel good speech at the company level but it just isn't reality.
The stock also plays into your direct sales, maybe not to the guy walking past your booth, got it. But what about HJOE Korea or Europe or Canada? While I think/hope these deals are set up with the reps already how would it have played out if the company stock was being delisted? How much would you invest to work a entire region not really knowing the company is able to stay afloat? Now I think the company is strong but I would not touch investing that kind of resource today with the company.
When your stock is strong you can also wear a different pair of pants when dealing with everyone, your position will be bolstered by strong economics. It can be one of 2 ways, here comes the big dog or here comes the struggling company.
The worst thing about this is the company is self inflicting allot of these wounds by either ignoring or just plain not understanding the relationship with the stock side of the house. I happen to think it is a little of both.
This can be turned around, but in my opinion, while seeming harsh, demand it. Being quiet is what got us here. The request from the stockholders is completely reasonable and should be common sense. Obviously the route taken so far is NOT working, what would be the harm to fold us into the "Master Plan" As far as me buying the stock knowing the risk... you could maybe say that down the road as well. You knew the company wasn't doing the right thing but you said nothing to try and change it, also leading to you get what you deserve with your investment.
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