Yes Mason, I am reading and taking it all in.
Now perhaps you can better understand why I came on so strongly about abusive short practices in my earlier posting to you. I have seen it before in other companies under attack, as Milestone is under attack now. It was obvious that many of the postings here were part of a propaganda campaign to provide misinformation, emphasize the negatives, instill uncertainty and doubt in the minds of shareholders (large and small alike), create distrust in management, make the stock look weak by shorting it heavily in the market place, driving down the price and frightening investors, all with the too willing assistance of a friendly journalist.
The issue is not the Bloomberg article, but rather how and why it got printed in the first place. Also, why did orders to sell ML stock short suddenly appear on the floor of the American Stock Exchange five minutes before the article hit the wires (according to our time stamps)? Our friend David Evans, the journalist from Bloomberg wasn't reporting the news, he was manufacturing it. The FDA had no problem with Milestone, or its advertising claims. I am led to believe there is no problem today. I think Mr Evans got a hold of a spokesperson at the FDA and began to barrage her with questions in order to elicit the response he was looking for, and could use as a quote. Mr Evans, I am informed, has been calling all around and has contacted me, the ADA, the USC Dental school,company clinicians, distributors, members of management, attended the recent Dental show, had several conversations with Mr Osser, and has infuriated one doctor to the point where he called Bloomberg complaining about the nature of the interrogation he was put under. Another highly regarded dentist, has declined to take his calls. What, I wonder, are his motives? Especially, when after all the above, all he could find to write about were two things... the announced resignation of the previous financial officer and this latest "wolf cry" about advertising claims that our good friend, Todd Slater, alias "A consumer" could barely wait to inform us about. I have yet to see a news item about these allegedly false advertising claims in any other news service or newspaper. Knowing the facts, has to put into serious question both the motives and objectives of Mr Evans. Why is he spending so much of his time on a witch hunt on this small relatively obscure company? One thing is quite clear...what he has said and done has benefitted the short interest in Milestone to the detriment of the company, its management, and its stockholders. Others can make their own judgements.
The short interest in Milestone is too large. It is disproportionate to the small float in the hands of management and large holders like ourselves. It makes the shorts more shrill and proactive when it goes against them, and in the end may place them in a very dangerous position should new investors decide to initiate new investment positions in Milestone.
Events have now reached the point where they are now distracting management and interfering with the business. Posters here are impugning the reputations of honorable professional men who, they would have us think, are improperly and unprofessionally biased because they have gone out and invested in the company with their own money, or have received stock options for invaluable services rendered at a time when the company didn't have cash with which to pay for those services.
In view of all this, I am informing the short interests publicly on this forum that I will rethink and reconsider my decision to lend out our shares to them in what is an already tight stock loan situation.
To my good friend, Todd Slater, whose juvenile efforts to discredit me are replete with factual mistakes and distortions, you should know that I started in the securities business eight years before you were born. Never have I witnessed a professional security analyst from a reputable firm, such as Lazard, put up the garbage that you have on this thread behind the backs of management, while at the same time meeting with them pretending you were considering picking up coverage of the company.
I wonder what the principals of your firm will think when I call all this to their attention, as I intend to do?
When we hear from you again on this thread, if we do, why not let it be in your own name as mine is. Oh yes, for your information and contrary to what you have told the world, I have never posted on Silicon Investors in any name but my own. |
