RE:RE:RE:RE:Annual meetingI too thank you for your reply and posts.
I am a very patient investor,that makes at least two of us as Akita shareholders.
At the virtual annual meeting, i tried to ask a question on the web conference but from
my P.C. it wasn't allowing me.
Too bad, i would have liked Ms.Southern to respond to the dual class unfair and obsolete
structure.
Once in a while, i write to D.Reynolds and he once told me that they know that this structure
is hurting the valuation but he could not say more.
Lately, he told me that they were very frustrated by the low valuation of the stock.
While a lot in quantity(97,600 shares), Akita is a very small portion of my assets.
I sincerely believe that Akita will be a multi bagger for me.It may take a year and maybe a bit more
but what is 12 to 24 months to see my investment double or more.
This is just like my DRX position.I started buying it at $1.68 in mid 2021.It did nothing
for almost 2 years.My wife was telling me that this was a bad investment.
I accumulated 50,000 shares of DRX, sold way to soon 40,000 shares at $9.40(Big mistake on my part).I still have 10,000 shares bought below $2 and did buy more in the $10 to $11range
when i realized the stupidity of being "HUMAN" and succumbing to the temptation of
profit taking.
DRX closed yesterday at $16.39.That's a 10 bagger from my original starting buying prices.
It took 3 years to get it from $1.68 to $16.39.
So time do great thing when buying good assets, well managed company at a huge discount.
Patience can be VERY REWARDING.
I am not saying that Akita will be a 10 bagger like DRX in 36 months.But i can see it AT LEAST
doubling.
Like anything else, time will tell.Can't be right all of the time but like DRX, i have a very good feeling in this investment.
I see Akita as a huge upside potential VS it small downside risk.
Yes, dead money in the short term but huge upside for patient investors.
Have a great weekend.