RE: RE: RE: thats a lot of dierectocrs gttin whack The 3rd quarter of 2011 was significantly below analyst expectations and mine.
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I can't say what caused the only 5 independant directors to resign, all on the same day, but if you think it was because they were all responsible for the bad things that happen in the company, and now there should be nothing but good things, I think you should shake your head and try to get a little more objective.
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Yes. The 900,000 share purchase had me putting in a bid as well, but when you see director shuffles like we did, it makes me think that the purchase was more for control then for investment purposes. Once an owner gets control of a company, they can make their rewards from the appreciation of the stock ...or they can make their money by granting themselves large salaries and bonuses. This makes me think that the purchaser is planning the later not the former. But, with the lousy disclosure that was given, how can anyone know.
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When in doubt, I will leave it out. There are lots of stocks as cheap as Easyhome. All the above is just my opinion. Good luck to you.