Ben: Let me second Rick's post. From the perspective of a small stockholder who has seen a lot of BB stocks crash and burn, I do become concerned when a company fails to release their quarterly report or promised news on schedule. But, what remains most important to me in assessing a small company is faith in management's ability and concern for their stockholders. If they are honest and hard-working, that is key. The great majority of Oklahomans are of that type, in my opinion. You have always held your stockholders in high regard and have been careful not to raise capital using tools that would dilute their holdings (preferred convertible, or 'death spiral' issues, for example). I appreciate that. With the relatively small float, there is really no problem in moving this stock upward, given good news on sales and earnings, in my opinion. We could even tolerate an increase in shares if those shares were restricted and/or placed with long-term holders. As far as the MMs, they will have to supply stock to long-term holders such as Rick and myself. Repeat the two of us times a thousand others and you will have good demand for your stock.
We are in this for the long haul, come chicken or feathers. I remember that this stock moved up very quickly in the past and look forward to it doing so again. We are faced with a very unusual general market. Thankfully, your company has aim on a sector that should not be overly affected by the credit squeeze in overseas markets or here at home. Education has and will continue to be given high priority, even in other countries, in my opinion.
Sorry for the long diatribe, but I feel better now after reading your post and venting my frustration. We really don't want to be bugging you about those numbers, but we have been concerned.
Lee Bush
PS: I think you meant $50, not .50 on your buyout price, right? |
