***Response from Joe Lanza***
Well, Jack, I have to go along with you. I do not see the rules as I know them being followed. Then again, the rules are changing so fast I don't know what people can do and not do any more.
It appears to me by your posting that you and others think the current management or myself are playing games. Again I say that I am looking at more loss than anybody and if I found management trying to screw us I would be all over them with you and any other shareholders who would follow. Somebody has you looking in this direction while they keep playing their game, hoping they can come back into the company. Wes, Jack and all others, use common sense. I and the company (up to now) had nothing to gain.
The company is trying to buy Voyager's position back which, if you haven't figured it out, will increase your equity. Indian Wells Investment Company took out another potential problem so as to take the cap off the market (signed a note for preferred non-voting). Somebody is still going to various market makers offering 500,000 shares for sale. It's not me and it's not Joe V., so who has 500,000 shares, or why would the market makers believe he has? So Wes & Jack, I told the market makers who offered me the position that I would buy it and then have counsel file a 13D. But guess what? There is no 500,000-share position to be had. So who is still trying to hurt the share price and why? If you think on it, the answer will come, and then direct your understandable anger at the right parties, as I will when I can prove it.
We need to take Voyager's position out and put the shares back into the treasury. The company's offer is stated and I do not believe the company can go a penny higher. Once this has been done, Xecom should be able to trade in a way we can all understand. If you question me on this, call a market maker and ask him what kind of damage to the market this Reg S position-for-sale can do.
Lastly, Jack, not even you are as angry as I am. But before I jump, I want to make sure I'm right, because when I make a move -- !!!
Joe |