***Lurker post***Dear CVIA members,
I have to say I am sick -- mostly at myself -- for putting money into this one. I'll never go into another penny again. This was my first penny and my last. I'll hold onto my shares, but only because they aren't worth a thing. How many of us would bail out if we could even approach our breakeven point? Like other's have said on this thread, some of the mean postings have really been offensive, but I think more offensive is the way Jack Arnold let WOTD treat us. What were Jack and WOTD doing all this time? I can figure that CVIA/WOTD died either because of arrogance, ineptitude, or both. For a long time, I was figuring that WOTD was drilling this stock price into the ground and grabbing share control so they could entice more tire companies into the fold with something like: "there are only a few hundred thousand shares out there and the price is 70 cents -- we'll cut you xxxxx numbers of shares and as soon as we announce the xxx numbers of tire companies joining WOTD, the price will jump and your shares will be worth a great deal."
Why else would WOTD kill the price of this stock and its current investor base in a premeditated manner? Jack, I don't know what happened, but I can say that if you had an empty ship (shell) when you took over this thing, we now have a floundered, half-filled, listing ship off Cape Disappointment. I could have lived through the reg s's and the reverse split (well, I did live through them), for a long term growth business plan. And if CVIA and WOTD weren't cagey enough to shake off a couple tenacious investors (re the excuse that some investors were trying to kill the deal), then how in the he** could you expect to pull off a $200 million dollar business plan?
Well, I got burned for way overestimating CVIA/WOTD.
(nameless as per request) |