Well, I guess that's that. This stock is dead. The reverse split will be useless, and we'll be back to a dime very quickly if they do it. I've sold all my shares.
I take back every kind thing I said about Steve Rash. He is a crook and a liar, plain and simple. And as someone suggested on Raging Bull, if Bockler continues to tout this company, he must be a crook also. If the SEC knew what was being pulled here, Rash would be in jail tomorrow. The annual meeting, if shareholders vote the way the board suggests, will just serve as an employment extension for Rash, guaranteeing cash to help pay his outrageous salary for a while longer, postponing the inevitable. And oh by the way, Rash is asking for more stock incentives for himself and the fine employees who have lost us all so much money in the past year. Steve, I'd like to know what you're smoking.
The new letter from Rash on the web site is an insulting joke to shareholders, full of condescending lies, old ones and new ones.
I am amazed the stock price hasn't dropped more than it has since the filing. It will.
Of course, all of the above is just my humble opinion. If anyone out there still owns this stock, I wish you luck. But be careful. |
