Gin,
This is a post from Phoenix. Just her thoughts. <GG>
MINE ALSO....
Gary
Lionel phoenix___(48/F/Chicago) May 5 1998
9:44PM EDT
I, for one, am deeply offended by your post and veiled threats. This is a public bulletin board where we all freely voice and discuss our opinions and information reguarding BCMD. Whether we choose to remain anonymous or not is not your concern. That is our right and priviledge on this board. There is no other way to have a discussion group then to "discuss".
It is unusual for the Investor Relations officer of a reputable company to appear on an internet bulletin board. It is much more unusual to have him appear and threaten to take "names and numbers" of those who post. VERY unprofessional Mr. Gosselin -- in my opinion. By the way, since you wish everyone "properly identified", why did you not identify your position with BCMD in your post. It was quite arrogant of you to assume we all just would "KNOW" who you are.
We enjoy our little board here. We often have differences of opinion. You are welcome to air your opinion here - although again, it is a little strange for a company offical to do so. But, in my opinion, you are certainly not welcome to appear here to issue threats in your offical capacity as a BCMD employee without even identifing yourself as such. A discussion group is exactly that -- we discuss our opinions here and we will continue to do so as freely as we wish.
I also take offense at the company public relations blaming the shareholders for depressed share value. This is a very low blow. Production of gold, numbers, and competent public relations will build share value in any reputable and viable company. These are things that are in the control and responisiblity of BCMD, not the shareholders.
Since you do obviously read this board --- perhaps you could post the answer to a few questions I have.
1. After the reverse split, BCMD will have about 5.5M shares outstanding? I believe this is a very small float to interest institutional buyers. Does BCMD intend to use the paid promo on the Morton Downey show to solicit instutional buyers and THEN ISSUE NEW SHARES to sell to them? This certainly would help BCMD raise more capital -- but would be a real kick in the teeth to us poor current "anonymous" stockholders.
2. Has BCMD received official notice from NASDAQ regarding pending delisting? I have heard the the company must close with a bid price of 1 or above for 10 consecutive days PRIOR to May 25th. A reverse split on May 12th gives only 9 consecutive days PRIOR to May 25th. Will the reverse split solve your delisting problem?
3. Is there any possible reason that the BCMD board of directors would WANT share value to remain low? Why would a CEO that is an ex-stockbroker be so inept at guarding sharevalue? What advantages are there to the company if the share price falls? If the company becomes delisted? I would say none, but with the occurances of the past year -- one really has to wonder!
Well Lionel, as you can see, I am quite angry --- along with many of my fellow posters -- who have also responded to you in a similiar manner. Actually, I did go back and edit out some of the really mean stuff, LOL. I do wish you well Lionel -- but again --- no more threats, please! This is a discussion board. And it is also the US of A --- you know, freedom of speech and all!
I realize that you are an employee and subject to the direction of Mr. Chaplin and others. Many of these things must certainly be beyond your control. My sympathies in this respect. You have a true "cannon fodder" position. They make the mistakes - you get the blame. I sure hope for your sake that you are paid in money and not in stock, like the Morton Downey show.
Sincerely,
Phoenix (who chooses to remain anonymous, by golly!)
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