Post by
Fornication on Aug 05, 2017 3:14pm
destroyer of wealth
YOU POOR SUCKERS (IE. ALL SHARHOLDERS WHO HAVE BOUGHT THIS STOCK). THIS COMPANY HAS DESTROYED ABOUT $300 MILLION DOLLARS OF YOUR INVESTED INCOME. THEY HAD $200 MILLION DOLLARS IN CASH AND NO DEBT WHEN THE FORMER DEAN OF ENGINEERING WAS PRESIDENT. HE WAS A FABULOUS LEADER BUT THE BOARD OF THIS COMPANY THAT HAS DESTROYED YOUR WEALTHH OUTSTED HIM FOR HIS TRYING TO MAKE THIS A $100 STOCK WHICH HE WOULD HAVE EASILY DONE. INSTEAD THEY HIRED SOMEONE WHO SPENT THE $200 MILLION ON AN ACQUISION THAT ALSO ADDED DEBT TO THE BALANCE SHEET. THEN THEY SOLD THE BULLDOZER PART OF THE AQUISITION AT A LOSS OF $100 MILLION BACK TO THE GUY WHO SOLD IT TO THEM IN THE FIRST PLACE. THIS COMPANY WILL HEREINAFTER BE REFERRED TO AS THE DESTROYER OF WEALTH.