No surprise hereI have no surprise this stock is where it sits today. When you're selling the only real assest you're company has, for no one even knows how much, most people would rather not stick around for that. I know a few people with a couple million shares each that are now down thousands of dollars. This deal has to be voted as a NO or else it's completely game over for AAO shareholders. I wonder how pinetree is currently feeling about all their shares, now I see why they dumped a bunch recently, obviously they aren't feeling to great about Allen or AAO.
One has to think shareholders are sick of Allen trying to sneak things into releases. It's almost getting old. The latest of the 20/1 must have ticked some investors off something bad, in order for the stock to hit a penny today. When you do a 40 minute interview just 4 weeks ago to the day and you mention NOTHING of a 20/1 then all of a sudden bam you drop it like that, investors know Allen knew that was his plan all along, why he didn't mention is beyond dumb.
I guess when Allen is raking in over 160K a year he doesn't have to worry about these things but most investors aren't on par with that. So far since this deal has been made everything that comes out about it makes it worse and worse and SP is clearly showing it.
It's getting hard to take this company serious. I really hope Allen backs out of this deal and just does a massive share buy back at a penny. Get all those cheap shares and keep you're top product would be a good start to earning back investors trust and helping investors earn back their dollars. This has to be by far the worst investment pretty much anyone on this board has made.
When is Allen going to apologize or admit he doesn't know what he is doing? He's been at AAO for almost 8 full years and NO investor is better off since he took over. This stock is now even closer to losing 100% since he took over. Allen if you read these boards like some people think, help AAO shareholders out, step down and find someone to run this company for us! Hopefully you guys get to read this before I'm sure stockhouse restricts my account again.. Stockhouse nothing I've said is untrue, it's the truth and sometimes the truth hurts.