Jerry: You did happen to see the announcement, didn't you, that the SEC is investigating the company for cooking the books? You are aware, I presume, that the SEC only has the staff available to formally investigate the most egregious frauds? Given that, the probability that the company's books are honest? Pretty close to zero.
The only thing that would vindicate Hagen and DHMG, at this point, is a retroactive repeal of rules of accounting and the laws of arithmetic.
As to talking to Hagen, we know that he has submitted false documents to the SEC, and lied in shareholder letters. These things, when proven in court, could and should send him to jail. But you think he will tell me the truth when I call? And I guess you think he is telling you the truth when you call? That is pretty funny.
If the company were really legitimate, the insiders, who have plenty of money from previous sales at much higher higher prices, would be buying the stock like mad here. After all, the stock is selling at an extremely low multiple of the earnings that management is promising. This should be a fabulous buying opportunity. Instead they are trying to dump as fast as they can, even as they tell you and jperry that you shouldn't sell.
I think the technical term for anyone believing Hagen at this stage is "chump". |
