Paul: -In the business world there are those who say
rules are made to be broken. I am not saying this of
CVIA/WOTD, only suggesting that they may be enjoying an
advantage on behalf of the process they are going through,
the long term success of which will benefit the shareholder.
Statements in your first two paragraphs further confirm to me
the fact it may be desirable for the company to take
extra time submitting. I will continue to think this lag is
in the better interest of company and shareholder alike.
And I say to myself "Yes, go for it guys". -Because
you are the only few people turning this into reality.
(But I appreciate that they are wise enough to hear the less
spoken votes of approval.)
from Milk's web page" "A Reg. S stock issue is a possibility,
but only as a last resort. Real growth, in my opinion,
cannot be achieved by extensive use of this type of
program." - Jack Arnold, 1/5/98
-And what percentage of the shell belongs to Mr. Arnold?
The decision to go reg s was acceptable to WOTD "ownership";
a single man? I suppose, while chatting with Jack during a
coffee brake? saying "Make it so"! (I see reason to imagine
the people as opposed to the companies and apologize for this.)
But Jack has practically completed his mission. He could have
made 1000 better choices than oil & tire; or 1,000,000 worse ones.
I think "a choice in this stable sector" was a very good idea on his
part. The man behind WOTD is the man of question now, but we can
at least be confident reg s is quite acceptable to him.
(Paul, The second I saw any mention of reg s, I knew. But that
is only a difference in personalities making me lucky.)
About what I've just written above, I see only a different way
of looking -as this stuff unwinds- than you or others may be
employing, which seems to fit me as a person. They are simply ideas
that allow me to relax until other information confirms or denies
that I'm on the right track. So far I've had no reason to
re-adjust. (Also, I don't think I place as much importance on news as
I do on the emotions of today's buyers and sellers when it comes
to the price behavior of any given stock.)
But will there be no head faking here?
WOTD is going to "walk their walk"
Reg s is going to "walk their walk"
and Shareholders must search the ways to keep their powder above water.
(As things go forward the "stretch" may not be "polite")
Actually, we're thinking alike. I'm just concerned the shareholder
doesn't get hurt chasing the stock up, or overly involved
averaging down, and by chatting a little that they may find
ways of coming out ahead regardless of what happens.
Time and emotions should be figured into the "cost", making
it harder to brake even for both the shareholder AND the company
people. Whether patience or impatience has an effect on ones
loss or gain as they continue, being familiar and using ideas
seems valuable to me and is something you can walk away with.
And though the best lessons learned are learned during loss,
if only temporary, look what you gain.
It all depends on how you look at it.
Yet I certainly don't blame you or anybody else who feels
they should make their complaints known for they are every bit
as genuine as mine would be. I just don't think mine would help
because they know the rule and consequence better than I do.
Though, I'll be the first to respect your complaint as justified.
*********(and especially here!)
And what did you mean by this? -#s 1986,1987,1988...
Please forgive me, Paul! I'm on my knees!
It took me 5 or 6 reads and I'm feeling like a "Dummy" now,
which is not unusual.
Those words had "one meaning". I was responding to the 3 posts,
and should have written:
My conscience will not allow me to take
"CVIA/WOTD" to task on such issues".
cryptic indeed!
Made me think of president Clinton "under oath".
After his sex scandal inquiry, a reporter asked what he said.
His reply was -"I told the people what they wanted to hear."
I thought his was hilarious, But assure you,
I have no desire to think the way he does!
Besides, that was no fair, he had a coach.
(and I hope for my sake nobody understands this. <g>)
Sorry so long here as well, Paul. I overdone it, but enjoyed the chat.
My very best wishes that all can come out smiling,
and well rewarded!
Dave |
