Jay:
I certainly appreciate your opinion, and that is what you have posted here is your opinion, even laced with a little emotion, but that is OK.
First off, you are greatly mistaken stating an empty shell has no value, even more so a shell with with a tax loss to pass along and $500,000 in the Bank. Please post some research or a valid arguement this shell has no value, shells retuinely sell for the value of being an all in place public company activily trading. You can go to another company that will do the work to get your company to this point and spend $250,000 to $750,000 plus and maybe you would be looking at a time frame of 6 months to a year. Therefore, this shell has real and tangable value. Question, what value does WOTD have?
Mr. Anderson and I have always been respectful of Wayne, Milk or any other shareholder with any opinion, our concern is to our investment (of which you eluide to it as more of a gamble).
When something is wrong with a stock, when my or Mr. Anderson's DD or anyone else detects possible problems, should they merely stop posting? Should they not reveal their concerns?
Shareholders are the owners of a company, they have certain rights, this does not include the right to be sold down the river. This is an investment no a gamble, at least it is supose to be an investment. If you invest, you research. If the company is doing a Reg S you research Reg S, if the company is merging, you research the company and people they are merging with, if the company is doing a reverse split, you research reverse splits.
Guess what we have been doing????
Grow Up..., I am 39 years old and work in an investment company (3 other people) that owns and operates over $15,000,000 worth of commercial real estate, I assemble financial analysis models, lease, broker, manage, assemble financial statements, draft agreements, evict, sue for commissions (when necessary), and cordinate renovations of our properties. I am very capable of understanding how business works (or is suppose to work).
BTW, KAA runs his own successful company as well.
Lawyers can't do anything
Lawyers are not all created equal, some do fall short of meeting their expected performance, you fire him/her and get another one.
Wayne and Milk are respected here, their opinions are respected. I personnally felt a great loss when Wayne announced he had sold his position. All he wanted was a minimual news release, a few answers from someone he defended over and over.
We, the doubters, have valid concerns we want addressed, we clearly stated we wanted answers. We backed off, we gave CVIA time to come forward, CVIA came forward with a 1 for 300 reverse and another Reg S. People should read the off shore link I posted as well as the SEC enforcement action.
I am protecting my investment, I could go on and on, but I have researched and researched this deal and the way it is going together. It is abusive to the shareholders of the common stock (IMO), and there are well over 100 shareholders of the same opinion.
I respect your opinion and your post, it is your right. Please respect my time and opinion as well.
Robert |
