RE:RE:Melnyk is approx. 1/3 done with his selling as of August 15
Please! If 'HIMSELF' still has 3.26 million (plus) shares to chew through you can bet:
1. We're going to languish here for a while.
2. If we're lucky enough to sign anything, HIMSELF is going to ruin any SP climb with his IOU's
3. He'll be dumping more shares in a few months to cover the Intrest purchase on his 150 Milllion dollar loan. I don't know what 'his' interest rate is, but us 'little folk' pay through the nose!
I would like to know what interest rate his 'bankers' gave him, we (TRL shareholders) would all be better for the knowing, at least that way we could brace ourselves for how many shares he's going to have to dump quarterly (or whenever his payments are due). Given (from what we've heard on this board) he used TRL shares (Internet hersay - granted) as colateral, I think we the 'shareholders' have a right to know the 'BLOODLETTING' that we're in for.
The sooner we rid ourselves of this 'dead weight', the better off we'll be, wouldn't surprise me (after listening to the public rantings at the last meeting) that spite doesn't play a part in this.
Someone made the comment that TRL was 'holding off' announcing a partnership until after 'Summer'. That's just ridiculous, no REAL company holds off signing deals and once secured, they're announced, I believe it's the law for publicly traded companies....
Face it, we're in this sh1tstorm for many months to come, regretably, as a 'TRL Lifer' (paid way too much - years ago) I will no doubt be languishing with company for years to come. I hope 'Daddy Warbucks' fronts us more cash, because at this rate we're not making their target for 2015 first Quarter Street Sales and I've already kissed our warrants good bye, what a shame!
'Divine' intervention isn't something I bank on, not really even something I believe in....although right about now....I would welcome it like a parched man welcomes a dessert oassis.
What a Wanker!