For what it is worth, I agree with Tonto's letter to street level. I feel he was portrayed in a negative manner for really no reason by Street Level. No offense to anyone here, but at this point in time, I think we would all agree that Tonto is probably right on the GIFS story and Street Level, though defending the company to the end, is probably in the wrong.
I was very hesistant to believe Tonto's allegations after the negative portrayal by Street Level. However, after I, and others, have spoken with Tonto, I believe that he, and not Street Level, at this point in time best represents the GIFS shareholders. Just my opinion here, but if street level didn't label Tonto as a "sinister, shorting, evil GIFS basher (not exact words)" I might have taken some of his allegations of inpropriety against GIFS more seriously and perhaps even be out of the stock right now. But as we all know, Tonto was blasted for professing what, in retrospect, was the truth. You should not be put to shame for disseminating the truth. After all, how many of us who questioned Tonto's motives due to Street Level are now supporting his efforts in the class action lawsuit??? Let's face facts -- with the State and the Feds currently occupying GIFS, BDO pulling out, and a laundry list of questions, I seriously doubt there is anything in this company except paper.
How in the world their accountant "bought off" on those financial statements is beyond me.
Off subject
I don't mean to get philosphical, but I am actually taking the loss better now. I've decided that I do not want to work extra hours the rest of the year. This company took my money, but I don't want them to take my life the rest of the year to recover my loss. Every hour I work extra just seems to make me mad and madder. At this point in life, I'd rather chase brunettes on the weekend than work all weekend. I can't change facts. I lost $14,000 or so, a lot of money, but replaceable in time. I am just going to grit my teeth and move on with life and pretend the thing didn't happen. It was a bad week last week -- lost tons of $$ and got dumped by Teresa. But I'll recover in time.
In fact, I finally came up with a bright side. I need to find and date women that have a lot of capital gains that are looking for a guy with some capital losses. What a combination -- trying to date based on tax attributes. Makes sense though, my loss is basically a deferred tax asset of almost $5,000 to either me or someone who has gains. Any takers?? (Just kidding here)
Well -- I am off on a vacation/work trip for 5 days tomorrow. No internet connection, so I guess I'll surprised at what happens when I get back. Of course, I won't be any richer, so I don't really care what happens as long as justice is served.
Later and have a good night. MTM |
