You shouldn't do that, post links to other threads that is. I just went through that thread and it has me thinking again and you aren't going to like what I have to say.
There were numerous references over there that ole Joe will be filing with the SEC in several weeks and everything will be fine. Now, as we learn more about the SEC's investigation, thanks to LA Daily News, the SEC wants filings for 43(?) different categories, and they want 'em by Wed. Meanwhile, Joe is huddled with his attorneys trying to decide which documents to turn over.
Well, the thought occurred, what happens if ole Joe can't make the dead line--after all he was planning on 2-3 weeks. Anyone think of that? Company records, 7 subsidiaries, all spruced up in 5 more days. I have talked about Joe's lateral vision before on this thread and its importance to running a company. Now, how is your lateral vision with regard to your investment it BAAT?
I submit ole Joe isn't going to be able to meet the dead line. Then what? Anyone got a contingency plan other than holding for the long haul? Things could get so sticky, it would be easier for Ron Holland to move over and start his own company. I bet he could retro-engineer the pulse engine from memory if he had to while ole Joe rots in jail with his lawyers.
My guess, the SEC will not allow BAAT to keep trading like a BAT Out of Hell--there have been too many people hurt already. Investors like liquidity, take that away and you've got a BAT Out of Hell!
Oh yes, here's an opinion I found interesting on the other thread. Doen't hurt to have a guest speaker every now and then, particularly if it raises the level of the discussion.
messages.yahoo.com@m2.yahoo.com
Now I'm not saying he is right or wrong, but I want everybody to have as much information possible before they pull the trigger; buy or sell that is. |
