<<<Bottom line, it looks like Stevie tried to do the holders of Premier a favor while at the same time helping himself a little into the bargain. Seems like this could have been a win-win situation, eh?>>>
Wendell,
"helping himself a little into the bargain"? Maybe instead of making broad accusations, you could get specific here. How was critiquing PLSIA a "win" for me -- particularly when I just pointed out the facts about Premier? Maybe you could answer these questions for me specifically:
1. Please show me any argument why critiquing Premier would benefit my business of Laser Tooth Whitening? Or better yet Wendell, show me any argument how critiquing Premier would benefit me in any way whatsoever.
2. Please show me where ILT's statement is any different from my previous statement.
I know it is easier to be lazy and make broad accusations rather than doing your homework, so I will help you out a little -- I cut some of the pertinent parts of my post and pasted them here.
Also Wendell here is the link to my post:
techstocks.com
Thanks in advance for helping clear up this mystery. Here's the snips from my post:
PS -- a tip I heard from Louie -- if you're going to make slanderous statements without a logical argument to back them up, KY on the side of your Nikes provides smoother entry to the mouth.
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You imply my motivation for posts regarding PLSIA is due to some sort of financial gain I would achieve by driving down the price of PLSIA, I presume through my connection to ILT, or my ILT stock position. So lets look at these two issues in detail.
I am a ILT equipment user. I buy and use ILT's Laser Tooth Whitening equipment. I had exclusive rights to supply equipment & whitening agents in my area at one time, but don't anymore. My exclusivity did not cost me anything. I have never been paid anything by ILT, never been an employee of ILT or commissioned or un-commissioned sales agent, for ILT. I am just a ILT laser user. End of Story. Furthermore that has been my relationship with ILT since before I started posting a great deal on the PLSIA boards in July.
I purchased stock in ILT on 7/9. Both in my trading account and my trading portfolio which is posted in the Shark Tank boards. In my actual portfolio I sold my ILT stock for a loss on I believe 7/11. Since then I have had no financial interest in ILT stock, although I still hold the ILT position in my posted Shark Tank portfolio. At this point the Shark Tank position is obviously just a paper trade.
COMPETITIVE ADVANTAGE -- MOTIVATION?
Lets go through all of the argument one by one by asking the question -- "Is there any way that I would gain in my Laser Whitening business by driving down the price of PLSIA stock? How?"
1. The price of PLSIA stock has no bearing whatsoever on the volume of business I do in Laser Tooth Whitening. I flat out would not see any benefit by any price movement of PLSIA stock in terms of increasing my laser whitening business, which is related to how many people get their teeth Laser Whitened in our area using my equipment and dentists.
2. Driving down the price of PLSIA stock wouldn't benefit me in my competition with the local PLSIA dentists for tooth whitening -- Here's why. First of all, ILT was granted a patent on July 8, 1997 which should exclude all but ILT dentists from whitening with any laser -- including all of the PLSIA dentists. Secondly -- I just don't have much in terms of competition for laser whitening. Its my understanding only one of I think four dentists who bought PLSIA lasers has even attempted to whiten teeth with his PLSIA laser, and the results were reportedly inferior. He has reportedly done only
6 cases. We've completed over 600 cases.
3. Driving down the price of PLSIA stock wouldn't benefit me to get the dentists who bought PLSIA lasers to switch to ILT and buy ILT lasers to whiten teeth, because in my area, I would likely be creating competition for myself. Obviously I would not want to do that. Furthermore, I don't make any money if ILT sells lasers, so Westergaard's implication that I am driving down the price of PLSIA to "advance the interests of a competitor ILT" is absurd.
The bottom line is -- I don't see how in the world any argument can be made that my business of laser whitening would receive any benefit by posting critique's of PLSIA on any stock board or why I would ever have a financial motivation to "advance the interests of a competitor".. In fact the notion seems a little outrageous. If I have missed any argument anyone can see on these matters -- please let me know. I will happily answer them.
Given the fact that I have no position in PLSIA or ILT (except a paper one), is there any logical argument that I would have to critique PLSIA and drive the stock down as you say, for my own financial gain? No there is not. No logical reason whatsoever. Which makes a lot of sense, because financial gain, competitive advantage and advancing the interests of a competitor were NEVER my motive for critiquing PLSIA.
I did critique PLSIA because I saw a great deal of misinformation on the PLSIA stock boards that did not meet with my opinion of the status of the company, its products or it's management. When I brought this to light on the PLSIA boards I was met with harsh personal attacks. Not unusual, but it instigated debate which prompted me to further research PLSIA and report additional findings.
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