The following statements are quoted from postings on this site over
the past few months. Each is untrue.
".at least a majority of DHT has nothing to do with Dolgoff."
"Unfortunately however, (Dolgoff's) alleged reputation is one of
arrogance, nastiness, and perversion.. His statements often appear to
be downright lies intentionally meant to hurt PJTV and the
shareholders financially."
".he sued regarding the election of directors because he was pissed
off that the company booted him off the Board and was trying to upset
the election"
".Dolgoff's statement that 'the receivership will take control of the
disputed technologies until the litigation is resolved' is totally
false".
"Projectavision Defeats Dolgoff's Receivership Proposal, Court Rules
That Digital Home Theater Not Subject to Receivership."
"The New York Supreme Court labeled as "absurd" the nature of the
receivership proposed by Dolgoff, and expressly stated that the
relief sought by Dolgoff is "reject (ed) out of hand" and "will not
to be granted".
"This decision vindicates the company."
".None of the technology invented by Dolgoff is presently being used
by the company."
"The Dolgoff issue has been put to bed"
"the bugger has been squashed like the parasite he is."
"The only way Dolgoff can become an issue is if PJTV decides to build
a product based on depixelization."
"As Gerald said, the rest of Dolgoffs claim relate to the
depixelization technology."
"He took his shot and was basically laughed out of court. Any
remaining claim about termination or whatever would have no teeth."
"His whole argument about owning the technology and rights etc. is
finished."
"The 1.50 price range will be like Dolgoff.gone forever."
"The stock is being punished because of some legal troubles which are
now cleared up".
When I started the company in 1988, I was the first person to make an
LCD projector. Everyone who saw the prototype was impressed, wanted
one, and was sure there was a big market for such a product. My
intention was to mass produce it through sub-contract manufacturers
and market and sell it. When I hired the others in the company, they
represented to me that they were aligned with that plan. They weren't.
I put my life into that goal and company. All of my family and friends
invested. I trusted the people I hired and gave them control. That
was my mistake. My family and friends and many of the stockholders
(perhaps including you) were hurt financially and alienated and I
never got to build and spearhead what is today a substantial market.
Their unwillingness to act and enter a lucrative market during the
window of opportunity, when there was no competition, cost all of us
everything.
I would be happy to answer any specific questions you may have, if I
can. Feel free to ask. As to my recommendation regarding recouping
your losses, I can tell you I don't own any PJ stock since I left the
company. The company's chairman keeps issuing himself enormous amounts
of options, and keeps lowering the exercise price to try to cash in as
the price falls, diluting everyone else and making it harder for the
price to go up. If they would settle the suit with me, perhaps the
price could begin moving up. Apparently, they have no serious
interest in that. Instead, my investments in Microsoft, Intel, and
others have been doing very well. Sometimes it is wise to cut one's
losses and invest in winners instead. The overall gain is better than
hanging on to a loser and missing out on those gains. I haven't. I'm
sorry if you have. I wish you the best of luck. |
