"Negative connotations" Leroy, are you on crack? The situation is painfully laughable.
The principal problem with your questions, is they are all leading with negative connotations. If you have something to say then --- SAY IT. Don't beat around the bush.
OK, here it goes. How do I know that the deals and financing were (are) sincere efforts, especially since:
1. The names of the auto company and the investment firms have all been withheld
2. The one pretzel company acquisition was completed by an individual that -- it remains unclear -- may have served as buyer and seller in the same transaction.
3. The deals were -- and I see this now -- announced ahead of the financing and, despite what Dan Masters is reported to have said about these being "done deals," they really aren't done at all. I think we all can see that now.
4. The president of the company blames the stock's performance on "manipulators," announces he's hired private investigators, then nothing is ever heard of it again; meanwhile, the stock has traded it public float several times over!
5. A mysterious "deal" in the entertainment industry is dangled before shareholder and then never heard about again.
6. A lawsuit is allegedly brought against the old directors of the company about the same time as Joe Sing tries to implicate Wilfred Shaw with the company's past failures. This news is then distributed on the internet -- not in anything as official as a press release -- seemingly in an effort to reinforce the "old" management from the "new."
7. Someone "totally independent" from the company, but nevertheless with incredible access and supreme internet effort, passionately refutes even the slightest criticism of the company and reports heresy info not directly attributable to the company, but nevertheless "attributed" to the company or its PR firms.
Finally, you can red-bait me all you want by calling me Joe Sing, but I know your motives. But what I know now is that, against better judgment, I invested in this turkey, and now I'm powerless to do anything about it except sell my stock at a loss.
Here's a link for anyone who's interested in calculating their future "windfall":
geocities.com |
