>>>My opinion is that if CCEE is reversed now, there is every chance that the price will be back to 70 to 80 cents by next March UNLESS some of the promised news comes out in the meantime and that is no mystery factor.
I've seen it happen too many times. <<<
Lee, All,
I agree with you. I too am seeing this is the likely scenario with a reverse split.
Gary Green has very good ideas, but (if the proxy is defeated) the possiblility of being below $1 when the new NASDAQ rule is close to being employed, should damn well stir this company into the action of either revealing all these revenue producing "deals" to improve the stock price, or....righteously hitting the wall.
Again, I'd rather take the straight punch in the nose than gradually bleed to death from the little nicks of a surreptitious razor blade.
There's absolutely NO reason to believe CCC will "suddenly" perform with integrity in the future and every reason TO believe they'll manipulate a reverse split just as they've done in the past. They've given us a myriad of valid reasons to mistrust them such as late filings, failed announcements, misleading the people closest to their operation, etc., etc. Therefore I'm not with Gary on the voting for a reverse. I simply will not believe anymore pie-in-the-sky "what if this happens" scenarios. Also, with no disrespect intended, I'll always choose to file my own proxies.
The "what if" is something CCC can already work internally by utilizing the financial success of Softworks and cutting the fat inside Computer Concepts. Good god, even the most successful companies downsize to maintain their profitablity. As Gary stated, Softworks ALONE makes this stock, at this float, worth $.70!!!
Now think about that for a moment and ask yourself what these people are really trying to do? They have done NOTHING to gain the trust of shareholders...yet they ask for ridiculous concessions for the "good" of the company. It smacks of slippery, ulterior motives.
I don't care to see my shares go through a reverse split just to slowly end up at the same price again. I suspect that's all the company is REALLY shooting for anyway. ( If I want that type of slow-bleed aggravation I'll get married again. <g> Just a joke Dorine...)
For me, it's now academic as I Federal Expressed my proxy on Friday with NO to all 15 proposals. As for the rest of you, vote with your heads and hearts. To restate my feelings:
techstocks.com
techstocks.com
Thanks and I say... VOTE NO ON ALL 15 PROPOSALS!
George |
