Paul thanks for the comments,
Up until Tuesday, I actually agreed with what Jack was doing step by step, with this merger. Jack is a good guy, and with the situation he had tossed in his lap he has done a great job with salvaging CVIA. Even though things are "out of sorts" at the moment, I still dont personally wish him any mis-fortune. But I have been put in the position of have to take some defensive measures to protect my investment, too. Thats just business it happens a 100 times a day.
My feeling is things may have been presented to him in a baised one sided manner, and he possibly truly believed this is the best thing for his share holders, since he only heard from WOTD and not us, because most of us tried to leave him alone and trusted he was looking out for us... also since we really didnt and dont have any info to work with regarding WOTD, how can we question the deal or express our opinions until its damned near too late? I think he unintentionally trapped himself between a rock and a hard spot WOTD vs His share holders.
There are 2 things a public company must do if they are going to keep their share holder base.... make money and take care of their share holders, otherwise they are destined to the nether world of OTC stock boards forever... with gamblers not investors backing them. Yeah true investors are better than having a bank as long as they get rewarded to.
If you go public, you are entering a whole new world and all the rules change... been there, done that and you can have it IMO <lol>
cmon go ahead and sign up as a lifer on SI.
KAA
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