GREY:EORBF - Post by User
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Soulinvestoron Dec 15, 2014 5:57pm
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Post# 23232996
RE:E-mail submitted to Orbite Aluminae
RE:E-mail submitted to Orbite AluminaeLorenzo dalesio_98 Your letter to management is quite appropriate under the circumstances. When Glenn Kelly took over the helm he promised openness and a company dedicated and driven to achieving results. It is sad that you as a shareholder have to at this time write to our CEO and demand transparency because of the way Ort communicated the latest series of very poor results to us and the market. As far as the vote campaign is concerned, I recall that after the Valentine Massacre which resulted in so many investors losing a good portion of their wealth based upon pie in the sky claims and misleading reports, incredibly RB was voted back as president with well over 80 percent support from shareholders. Unfortunately, ORT has to secure major financing and accept whatever terms are offered just to keep the doors open. It will be a miracle if an agreement can be reached and the dilution itself will not render our shares close to being worthless.