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Technology Stocks : VRDM - Veridium Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Harold S. who wrote (98)	4/29/2006 1:34:45 PM
From: Rooster Too	Respond to of 133

The question Harold S. raises is NOT a stupid question. I've been wondering the same thing myself. I really like the prospects of this company and its parent (Greenshift), and I think their technologies are the real deal. But, regardless of the technology, shareholder value always hinges on the skill and integrity of management. I haven't been able to find much background on Kevin Kriesler and I've not yet found what consideration was given by him in exchange for 70% ownership in Greenshift. My impression is that he is a bright young man and that he has assembled a good team. Authorizing more common stock gives some financing flexibility to the company and may ultimately enhance value for all shareholders. But, I'm also concerned about dilution. With such a concentration of ownership and control in a single person's hands, we are essentially betting on the skill and integrity of Mr. Kriesler.