To: john b who wrote (5336 ) 3/26/1999 12:36:00 AM From: Clement Read Replies (2) | Respond to of 6467
Dr. Cumming, I am not surprised. Over the past few years, I have been trying to determine what you and the others on management have been doing with your time as it has obviously not been building shareholder value. It is quite clear that Thermo Tech, on almost every method of valuation, is overvalued as a direct result of what appears to be multiple self serving actions of management. I do not find that it is surprising that a company that has been unable to carry through on its promises to shareholders must now resort to such tactics. I look forward to the day that you sir are singled out as a director and member of management in a class action lawsuit. The boiler room tactics you have used and condoned both a member of management and as a director have been at the very least unethical and immoral. Over the coming weeks, I give you notice that I, as well as undoubtedly others, will not cease to remind readers of the past releases you sir have signed and/or condoned. Your failures to shareholders are not few but many -- the sole difficulty will be in choosing which to bring back to light. The blame for plummetting shareprice while management has profited obviously does not rest with one man. You sir are equally to blame. My actions and I am sure as those of others will be a direct result of your post today -- I trust you are prepared for the result. Your promises of yesterday will be brought to light as well as your promises for the present -- they will be carefully analysed for what you call "the truth" -- a term that you appear to have loose definitions of. I am surprised you had the audicity to post for a man who along with Rene Branconnier is unafraid of being in open defiance of court and the laws of the land. If you are unafraid today, when the lawsuit(s) does come to pass, I hope you are prepared for having all your actions scrutinized. Justice will be served. I do not believe that you sir have the respect for the law that you have advocated. Your comments strike me in the very least as comical, in the worst as cynical and hypocritical. I look forward to the day when you and your "management team" can no longer do any more harm. Yours very truly, Clement