Isn't it funny that the CEO never once mentioned hiring a CEO for Net Radio before the IPO, in the Nov 25th article. All he said was that they were "working as diligently as possible" to file the appropriate IPO documents with the Securities and Exchange Commission. Now they're saying Navr " is waiting to find a new chief before it files for the IPO." What a bunch of crap!! This part is my favorite," They need to get a CEO in place first, and they're not going to hire someone just to hire someone," said the spokesman. "This is not a delay in the filing, just a step in the process." Then what the hell is it!!! Now we also find out that Eric had intentions(probably already sold)of selling 200,000 shares around the same time that he gave this interview, which of course must have netted him a sizable windfall at our expense. If this isn't the classic case of a "pump and dump", I don't know what is. I can honestly say that I'm really glad that I'm out. I know that once they announce a date for the IPO, the stock will rise again from its ashes, but for me personally, this company has lost all credibility. I guess that's what happens when you chase a company for a quick profit rather than for its sound management and fundamentals. A very expensive lesson learned, but as someone I admire would say, I'LL BE BACK TO FIGHT ANOTHER DAY!!!!!
Good luck to you all and my best wishes,
Methos |
