Mark: Look at it from my perspective. Last week, I owned 3,000 shares of VLNC stock. Not a large amount, but large for me.
I sold these 3,000 shares when Lev was unwilling to acknowledge that Line 1 was now able to produce samples for OEM testing. With a floorless variable conversion imminent, and the CEO unwilling to confirm such a basic question, I decided to take my profits and run.
When I reported my concern about this very matter on this thread, I was told that Lev could NOT disclose such information because such material information can only be disclosed to the entire market via a PR.
Now FMK says that not only is Line 1 producing samples for OEM testing now, but it has been doing so since as early as May. If I knew this to be true, particularly if the CEO had been willing to go on record as saying this, I would have been far less likely to sell.
If VLNC announces a contract tomorrow and the stock goes to $20 as this thread predicts, I will be out $36,000 in foregone profits. I don't know about you, but that is serious money for me.
Do you think it is unreasonable for me to question what is Fred's source of material information? Do you think I would have reason to be resentful if I miss out on $36,000 of profit because VLNC was unwilling to tell me what FMK purports to know?
Is it unreasonable to ask for a level playing field? |
