RE:RE:Latest newsIMO...My favorite part is the emphasis on "my direct supervision" part. He really truly believes that he is an asset still as CEO and somehow that should make investors feel better. To put that statement into perspective...He has been directly responsible for the performance and destruction of every investor in this company at every point in time since the beginning. Including the insiders who purchased millions at .10 cents years ago. And most recently at .06 cents when it was another buying opportunity of a lifetime! So we all should feel better that at this particular point in time, he will be supervising. The irony is so epic!
These people don't understand anything about investors or capital markets. Confidence in management is at the top of the list for investors. Does anyone really believe his voice matters to anyone except himself? I'm sure he could help the company in another position, but as CEO, he is finished. They simple don't understand this.