OTCQB:UEXCF - Post by User
Comment by
lhyneson Jun 14, 2005 9:31am
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Post# 9156683
RE: Private Placement
RE: Private PlacementGlad to hear that you are attending ENU.
I would appreciate if you'd ask Mr. Sorenson why he indiscriminately sold off such a huge position during a time when the company wasn't in a position to release results that may have mitigated some of the relentless selling pressure.Better still, why not look for an institutional buyer that would have been willing to cross into a position....as many companies do.The manner in which he sold off these shares says little for his respect for the ordinary shareholder.
He has a right to sell...like anyone else, but my beef is with the "heartless" manner in which he did this.
Len