Senetek (SNTK) Message Board

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Biotech / Medical : Senetek (SNTK)

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From: inchingup	10/7/2008 1:49:52 PM
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Open Letter Sent to Massino Today Several weeks back I defended your position to not buy 20K shares of stock as the price was then about $1.60. I stated to friends and family that you were probably waiting for a better entry point. Well, that point has been met with SNKTY trading near it's post-split low. Yet, I have seen no major buying activity or Form 4's filed signifying recent purchases of open market stock by you. I believe that investors are losing faith in the company, and particularly you Mr. Massino. If your intent was to actually purchase stock, why didn't you do so? If your intent of making that statement was to enhance the stock price, it did so for only a short period of time until investors noted that you did not follow through. I really would of expected more credibility from the CEO of the company and would like to know why you haven't followed through as promised. An answer would be appreciated.

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