SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC -- Ignore unavailable to you. Want to Upgrade?


To: 24karat who wrote (940)1/15/1999 11:29:00 PM
From: swot  Respond to of 1126
 
Whitey, I've had the opportunity to experience what it's like to get a business going, more than once. My last business, which brought in close to half-a-mil a year for the first three years was profitable in it's second week! I established a sign company about 12 years ago that was marketing new concepts in signage. I was in and out of business within 12 months. Fortunately I only incurred minimal losses.

The sign company - CSM Technologies - dealt with high end contracts, such as the CN Tower, while my latest venture dealt with residential contracts on a much lower scale. From both of these businesses (and 3 others), I've learned a great deal.

Three of the most important lessons that I could relate are:

1. Never, and I mean never try to do everything yourself. You may manage for a while but in the end you will almost always lose out - emotionally, spiritually, and financially.

2. Always treat others - whether they are associated with your business or not - with respect.

And last but not least;

3. Always show your appreciation for those who have contributed to your success. And I don't mean saying thank you, I mean putting it into action.

The thing to remember about these three simple rules is that it is very difficult to succeed with rule #2 and rule #3 if you are not practicing rule #1.

I'm not about to get into specifics of how these rules have been neglected by Rob, however, I won't beguile any of my fellow investors by only revealing a one sided analysis of MDRE.

In no way am I saying that Rob has not progressed in his efforts to advance the fundamental state of OUR company. Undoubtedly, he has been succeeding. I stated this in my last post. However, I'm not sure if Rob sees OUR company as OUR company. And, if in fact he does view Medical Resorts as HIS company, then I have to wonder who's best interest does he have in mind, or at heart.

Am I knocking Medical Resorts? NO!!!! I'm knocking Rob Talbots ability to represent the company.

If the management at MRI is keeping the best interest of ALL INVOLVED in mind and at heart, then I don't feel that Rob is representing this degree of corporate conscience. And if the IR person isn't delivering the corporate conscience to it's shareholders than it can end up being very damaging to ALL INVOLVED!

By the way, what I'm saying here regarding Rob's ability to represent the company, I have already related to Rob.

So, now that I've got that off my chest to you guys. I will reiterate; if further, more substantial NR's are not released by the end of this month, then I will begin to sell my shares. Which, by the way, is about 150,000 shares, which I paid on average about .14/share.

I'm tired of waiting for MDRE to perform when stocks all around me are on the rise. Especially when they don't even have a qualified IR person to talk to.

That's it, I'm finished ragging out.
Marty

P.S. This is only my opinion. Please talk to the company yourselves for the next several months and formulate your own opinion based on your own DD.



To: 24karat who wrote (940)1/16/1999 12:02:00 AM
From: rock  Read Replies (1) | Respond to of 1126
 
I was busy at work to-day and I wished I had time to attend the AGM.
Apparently, there are some more news in the pipeline but Rob would probably release it one at a time to maximize the reuslt of the NR.Stay tune for more news.