Jim, I can't deny that I am negative on this stock. Frankly, I can't find any positives here.
If someone broke into my house and stole my computer, and I had a really good idea of who it was, would I call that person with a list of questions? Especially if everything the person ever told me in the past turned out to be false? Of course not. I would call the police, and report my suspicions to them, let my insurance company buy me a new computer and let the police handle it. So, why should we call the company and ask these questions?
I agree, the company indeed owes the shareholders an explanation (again), but I think they owe it to more than one person on the phone. There are many questions to be asked, but I do not feel that an organized effort between individuals is appropriate. I think that if any individual feels that this company did something wrong, then they should file the appropriate complaint with the SEC, and let the SEC do their job. It probably would not be smart to discuss your complaint much after that, imo.
My experience has been that the company has not always told the truth. Perhaps if questioned by someone with more authority than the average investor asking questions on the telephone, they may be more inclined to do so.
I appreciate the advice, however.
I respect their right to defend themselves, and if they are ever put into a position where they do so truthfully, I'll be tuned in.
Binder
P.S. - I sure would like to see where the Wilkenson's ties to the companies with whom Euto had "deals" was ever discussed on any of the many threads on this company. Any idea when that was? |