Ken, aka. L.D., and R.W., good points.
I hear what you're saying R.W., about shareholders sometimes feeling like they're in the dark about what's really going on. At the same time, this is not the time to let our squabbles with management allow us to play into the hands of whoever posted 3002.
Think about it. Whoever posted that is intent on driving down the value of Sungold shares, and reducing the credibility of Sungold management. Their intentions will only be served if we let that post have the effect that they wanted.
Our interests as shareholders will be best served if we choose to disregard the poster of 3002. The poster of 3002 could be AMF or any of his buddies. The poster (GLB) could be a representative of a rival development/operating company that wants to make a deal with the Band.
The only thing we know for certain is that 3002's interests run entirely against the interests of shareholders. We can fight 3002 by not responding in the way he/she/they want us to.
You can be certain that at this very minute, Kim, and Don, and Tim, and Bob Stocker, are preparing the company's response. There is no question that Sungold has a contract with the Band. If 3002 is what it seems to be, why, as Ken asked, would they bother to post to SI on a Friday night? GLB could be trying to reduce its obligations to Sungold by running down the company.
In other words, regardless of GLB's identity or credibility, the shareholders' interests will be best served by supporting the company. We can rest assured that the company has a valid contract and that management will fight tooth and nail to protect shareholders' interests. The least we can do is do the same. What option is there? Do you want to give guys like AMF the pleasure of watching us cooperate with their sleazy tactics?
Buck up guys. Kim, for all his failings, is a scrapper. He's not going down the porcelain highway, as R.W. would say. Sungold has serious money and management expertise behind it. TAC (Don Harris) remains 100% committed to Sungold and is ready to put down $36 million (Cndn) on Richmond Downs (which is very close to happening). Tim Gladieux is about to come on board as a director and he has huge money and skills to put behind Michigan.
I am sure that the company would issue a response tonight, but it will have to wait until Monday. In the meantime, we can help by seeing 3002 for what it is - an underhanded and desperate attempt to gain financial advantage by creating doubt and fear among shareholders. |
