ithasnospaces,
I really don't understand your whole hangup about this disclaimer thing. I was never hired as a paid stock promoter of the company, so according to SEC rules I really don't have to post a disclaimer at all. I did so from a personal integrity standpoint so people could make their own decisions and conclusions knowing that with receipt of a gift of 10,000 shares I could very well have a biased opinion on the company (obviously I stand to benefit if the stock goes up, so I choose to remain positive).
Your actions promoted this stock whether by SEC rules or not. Accept responsibility for your actions You continued to raise its visibility when there were clear warnings: eg, wife on the board. You never mentioned it. Now that things are tough and its clear that DOUG BUTCHER is incompetent, you bolt and leave those who succumbed to your pitch in the lurch.
Your problem is that you look to place blame on others for your own investment mistakes.
I'm not sure how you get that. My messages have been consistent: DOUG BUTCHER IS INCOMPETENT. You promoted him, you should accept responsibility for your actions and work to correct it. I never stated I bought based on any information or action from you. Clearly, you're just mad because someone is calling you to task for promoting a business and business man of questionable ethics.
I bought ETPI based on someone else's recommendation. Hell, I buy stocks every week based on someone else's recommendation. I don't blame that person for me being down on my investments (although I do give kudos if the stock goes up).
I bought ETPI initially in the $0.30's, and watched the stock nosedive down to $0.18. I then started calling the company, found out as much as I could about them, learned their growth strategy, got to know their PR groups and some of the management, helped them out as much as I could with market and internet-related suggestions, and then started spreading the word on SI and Raging Bull and contacting various investment newsletters about the merits of ETPI as I knew them. The stock ran as high as $1.18 and has see-sawed ever since, bouncing between $0.20 and $0.70. For all this work that I did, which was really for my own benefit to help my investment rise, I was given a gift of 10,000 restricted shares and a thank you from ETPI. Unsolicited, but very appreciated.
QED
I was an active shareholder, versus a passive investor like you.
My spreading the word about DOUG BUTCHER'S incompetence doesn't qualify as active? Only good things poorly researched and possibly not true that you send do?
I played a part in watching my investment go up. I made money, lost some also, overall came out in the black. Some people did the same, others are in the red. However, you're the only one blaming everyone else for your losses.
As part of a portfolio mix, you don't know where I am. Some go up, some go down, but to promote and raise the visibility of a stock where the president puts his wife on the board, that's just stupid. You did that, you very probably hurt others, and you want to walk away. Go away, stay away, it doesn't matter. My spreading the word about the lack of ability of DOUG BUTCHER (guaged by stock performance) and the lack of an independent board are facts. ARE THEY NOT FACTS, YES OR NO?
You're 42 for Christ's sake. Grow up and take responsibility for your own actions.
Man, again someone schooled in ad hominum attacks. How about arguing the facts:
ONE: IS THE STOCK PRICE DOWN?
TWO: DOES MANAGEMENT USUALLY FACE RESPONSIBILITY FOR STOCK PERFORMANCE?
THREE: IS THIS BOARD INDEPENDENT?
FOUR: DID YOU RAISE THE VISIBILITY OF THIS STOCK TO THE MARKET?
Just cut and paste the above and answer yes or no. WHAT IS SO HORRIBLE ABOUT SPEAKING THE TRUTH?
NoSpaces |
