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  4. Coates International (COTE) Message Board

Thanks RR. Unfortunately, being positive from a di

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Post# of 3605
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Posted On: 02/22/2017 11:12:19 AM
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Posted By: grubstake
Re: Ridge_Runner #2051
Thanks RR. Unfortunately, being positive from a distance does not make anything happen. And it is hard to access the situation without information.

George does not care dip $**t about those of us who bought on the open market. He does not consider us to be investors... "only stockholders", to use his words. But, of late, he has made some vague responses to some of the accredited investors; (Truthy, don't even ask) those who were vetted to have a net worth of a million dollars when they entrusted him with their money. They are his bread and butter. People like me who bought shares on the open market will put nothing in his pocket unless/until the SP goes up through increased public demand for the stock. A rising tide lifts all boats.

I understand how frustrated accredited investors must feel. They are the main ones George has a fiduciary duty to. He needs to look up once in a while and realize that. His philosophy is "buy low, sell high", again, another quote. If I had my original investment dollars back, that same money could buy over a billion shares at today's SP. Others can say the same or better. Not so sure I would do that. Half a billion shares would be enough. Hind sight is 20 - 20. Water under the bridge. No choice but to stay strong, long... and positive.

GLTA


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