stuff
posted on
Sep 28, 2012 12:25PM
1. at the shareholder meeting i never heard any "slam dunk" comment.
2. the shareholder meeting is actually three meetings: (a) shareholder meeting (takes about 10 minutes) (b) Q & A with the board (c) Q & A with leckrone. as i recall, DL did not say one word at the SHM. I also do not recall him commenting during the board Q&A. it would be appropriate for him to chair the Q&A re licensing. what: 17 of 17 patent challenges successfully defended is not good enough? the comment that the board deferred to DL during the SHM is factually wrong.
3. my concern is not poster(s) whom may or may not work for the board. my concern is who is working for an outside (or insider, like DL) buyer and is being paid to "dumb down" the share price? some posters say at 50 cents...they are gone. not me. i expect much much much more. yet, as a board member (which i am not) if i kept hearing 50 cents 50 cents 50 cents...why not? i am so tired of these bitching ungrateful shareholders...dump it...just sell it for the first offer...sell the whole damn company.
4. and for you talkers that cannot walk the walk. the solution is simple. just buy control of the company yourself!! you know the rule. he with the gold makes the rule...and until you own control, you do not have the gold. last december, at 5 cents, for a few million you could have had complete control. if you chronic complainer were the business people you claim to be, certainly you have the ability and/or operate in circles of frineds that have the ability to buy control. go for it! no, you would rather stand back and throw stones.
5. for those whom expect a large uside and own this inside an IRA, check out the possibility of converting it into a ROTH IRA.
6. after the last SHM, i thanked DL for his work (even with his warts he is/was by far the best businessman in the room). DL is not interested in "holding someone's feet to the fire", he is interested in cash in the bank. i also thanked Cliff and Gloria for their work...and suggested that he did not need to buy one share..and that if he needed money to buy shares, he could do that with a bonus - even with a bonus, he would not be obligated to buy shares...and i suggested that if he did not have a golden parachute that he should visit that subject.
7. a business associate once told me that when you pay peanuts for wages, your employees turn out to be monkeys...let me see....a bonus of $125,000 and 400,000,000 plus shares outstanding is how many pennies per share? i trust Cliff more than anyone whom posts on this board, and i would gladly pay much more than that to have him watch DL and the others. i have met Cliff once at the SHM...i have never called him. he and i have no relationship other than he is an employee of a public company in which i own a few shares...well, more shares than most, but fewer shares than some.
over and out.