RE:RE:RE:RE:RE:RE:RE:When are these "news" postings going to mean anythinglga000 wrote: domdesm wrote: lga000 wrote: Yep revenues are coming. Heard that story before.
Remember the Now Is the Time to Buy statement from Gupta on the Wall Street Analyzer interview earlier this year? LMAO
Domdesm
Maybe one of the most inappropriate statements I have ever heard from a CEO. In light of his recent blog post why is he making any shareholder comments. Other than he likes buyers and not sellers.
I feel the same way buddy. This is some crazy sh***it.
Looks like Gupta wants to act like he is the GM of a private company...
Ultimately the board of directors is his boss since they represent shareholders.
You think the board of directors is happy with his latest blogpost? I sure hope not.
The way I see it, Gupta only has himself to blame.. He pumped up the company late 2013. Issued press releases about Samsung and Toshiba. Share price soared to $0.55. That same day, he sold 400,000 shares at around $0.40. Then he gave an interview on the Wall Street Analyzer asking people to buy. A couple weeks later, he went to the market for financing at $0.25. In the end, the financing was at $0.205. A couple months later, he changed the company strategy and now we are trading around $0.075. Now shareholders are unhappy and "
adversely impact the CEO, management, and employees, especially during a period of critical change" If being the CEO of a public company inconveniences him, all he has to do is to resign and go work in the private sector.
I wonder if the financing participants were made aware of the critical changes TransGaming was planning when they bought positions at $0.205... Does anyone know?
Maybe employee morale is low because they bought shares in TransGaming and now they are worth a lot less.
Just my opinion.
Domdesm