Ivernia Inc IVWFF

RE: RE: RE: RE: RE: RE: April 14 Update

[CalifDreaming]

"Regardless of the apparrent (sic) conflict of interest here, I still have faith that the management team, executive, board of directors, and majority shareholders all want to increase the equity and valuation of the company."
Let's get real.  It's not an "apparent" conflict. It is a real conflict.  Death should resign one or the other positions.  
Ever since Death's been involved, IVW has been on a death spiral.  And in retrospect, one wonders if than wasn't the plan all along (or at least since all the contamination problems arose).
It certainly reeks when the CEO is being paid by one of the companies buying large amounts of shares in the very same company and doesn't disclose until AFTER the shares have been bought.  One wonders where his loyalties (ie best financial interests) lie.  Knowing how piss-poorly IVW has been run in recent years, I suspect that Green Sea would love to continue to buy large chunks of IVW at fraction of fair market value while the short term issues are resolved.
And it's beyond sad that even when the CEO has huge conflicts of interest, you say you have complete faith in management.  Flies in the face of common sense.  But common sense and money are rarely correlated in my experience.  That's how religion and other Ponzi schemes never lack for suckers, er, believers...