Integrity, Honesty and SpiritualityThis post is addressed to edrose and his Siamese twin posting handles.
It is wonderful to be ambitious but when it comes to greed and moneyletting that is a different subject. Purposely posting falsehoods and half truths to get investors to abandon their position borders on evil. This is likened to the crime of home invasion with violence.
Here you are heading towards the final four trading days (three trading days for the Rights Offering and the 28thNov for the over allotment). It seems to me that you guys are going to push this narrative to the end. It is simple greed on your part.
Of course management offered the 0.15$ Rights for their personal benefit. They know the capability and forward direction of the company. They flushed away lots of honest retail investors. I agree with you. I benefited from the Rights opportunity and believe me it is an unfair advantage over the longstanding loyal retail investors.
This Rights Offering could have been done differently. For one, a higher offering price just to respect the company's loyal following. I smell management greed. They are insiders and surely know the state of the company. I am sure that they are feeding off the confusion that the Rights Offering would being. They definitely knew that it would be accepted with doubt. As an outsider I pounced on the opportunity. Took a position to be on record. Then I loaded up with ZENA.RT at dirt low prices and then exercised those Rights. But I did not bash the stock and kept reminding investors that it was a good opportunity. It is a great opportunity.
Then I recalled the story of a poster who angrily disclosed that he put his life savings of 30$K and felt cheated. Of course he was correct to feel that way. I am sympathetic for his position.