Mrs. H,
YOu may be right.... or wrong.. I have NO CLUE what Tom et al. "intended", but it seems to me that the structure of the business is such that HE and whomever he decides to do business with will make millions, NOT the company and NOT the shareholders. Just my opinion based on the facts that I know to be the facts. I know nothing about an abondoned server, and their offices, from the picture I saw, did not look "phony", but much like any other office that would house 10-12 employees.
I DO think that Tom used certain "modern buzzwords" to generate excitement about the company.. China, Ireland, overseas, ecashpad, ipin, eConnct, Powerclick, Deluxe, Palm (whatever) etc etc. I don't know if that's a crime or if it's like a caveat, but I doubt that any of the plans he has announced will or has come to fruition. Read the 10Q carefully.. Cashpad is now down to 5000 "in production". Powerclick- NO REVENUES for Q1?
Anyways, I can go on and on.. Only time will truly tell, and after all I've said and done, I wish the company would turn things around so these average hardworking investors wouldn't lose their arses.
I take no pleasure in celebrating ANYONE'S failure or defeat. |