Just a note from the past;
If I recall many years ago the little tiny state if R.I. had a major scandal with various banks. You see some very influential people decided that giving loans over cocktails was a simple business why sit down and research the history of a company, or follow up on the land. Just sign on the cocktail napkin and consider it done. "Not to worry!", "I,m good for it" When the wistle blew and the doors were shut on that dreadful Monday A.M. A lot of people and shareholders got real scared when their assets were frozen.
Now if you were a resident of R.I. at that time <Jim M, V.C.Millner, you can recall the feeling that all those people felt when their funds were frozen. kept in the dark while THOSE INFORMED PROFITED. When time came the money somehow disappeared, memory lapse consumed those involved and many fingers were pointed.
This is just a reflection of the past, but.... everyone deserves to be informed and any misleading comments that, are made for profit, positive/negative, and not backed up, could pose a problem for us less informed shareholders.
You be the judge. Yes I too have family and friends involved in this stock so their is a vested interest. The short interest is still a concern. Cant wait for the next shareholder report.
K |