You have it but all of us who are basically honest and fair have a hard time understanding how people can tell you that they are working hard for shareholders while really doing the exact opposite. Unfortunately, that is the way it happens in the stock market, and not just in penny or micro caps. Look at the most legit companies. Mediocre performing so-called legitimate big cap companies with stocks that flatline or tank have managements getting 6 and 7 figure employment packages.
Anyway, the good thing if there is any good thing is that Angstrom has reached the point of diminishing returns. He puts out his best PRs to date and the stock doesn't get off the shnie (spell??). It's stuck.
Why do I think that's good? Because perhaps he will FINALLY realize that his own selfish interest now coincides with his boss, i.e., the shareholders to whom he owes a fiduciary duty as a matter of law.
Here's an example. I've got 3 million cheapo shares bought between .0002 and .0004. That's peanuts for me. I'm not bragging but most who know me know that if I really liked a stock I'd go out and buy perhaps 10 x that or more. I'm sure there are many, many more out there who have way more resources and who are less diversified than I, who could push this stock perhaps up to a penny. Forget, for now .25 or $25.00. At a penny this is what, help me out here, a 50 bagger??
I won't buy any more until I see Angstrom taking positive steps to reassure us that there won't be another r/s, and that he is cutting the float. IT'S IN HIS OWN SELFISH INTEREST TO DO IT. Forget about his legal, fiduciary and SEC obligations. HIS OWN SELFISH INTEREST is to do what I'm saying to do. PR's aren't going to cut it anymore because nobody trusts him. His history of screwing shareholders is out there for everyone to see. Now, and what our politicians never learn, is that we can forgive but he has to take the steps to show he is sincere, not just try to heap more BS on us.
Hope he's reading. |