RE: RE: RE: RE: RE: RE: RE: RE: RE: Just sold 200kHear hear – totally agree with you Rambo. Renee did not spend years of ‘non-action’ as Trade4ever says – he was the CEO for many years, he is a board member, and he actively and continually flipped CDO stock for pennies or fractions of a penny. At the last big run to .10, when CDO was trying to get a .10 financing, Renee sold several hundred thousand shares at .09 – then the financing gets cancelled because of the selling pressure – selling pressure Renee directly contributed to. That borders on the unethical.
Glad Trade4ever is starting to see how Renee contributed to the woes that CDO is currently struggling through, but to continually blame Reed is ridiculous. Renee was the CEO for a great many years, a board member, and is current CFO – and his penny flipping still continues, as he sold some half a million shares at .04 back in February –saying he bought a few hundred thousand at .035 hardly makes up for the selling he does at a fraction of a penny later, when the share price is struggling. Renee did not just “give up” or destroy the company with non-action – he actively treated CDO as his personal piggy bank, squeezing whatever pennies he could out of the company.
CDO will turn the corner if these new investors actually materialize one day, and if those rumours are true. And if true, then they are just positioning themselves right now, and the price will easily get to .10. even .20, with metal prices heading higher and higher. Yes, those new investors will sell their shares too one day, but not for half a cent, or a penny or two, and not on the eve of some financing efforts.