1. Low volume again? Hard to believe we would have high volume to the upside unless someone knows something.
2. Low volume, will it mean manipulation down?
3. High volume, as those who digested the news sell because this is one surprise too many?
4. Steady and waiting for first quarter earnings. This would be the preferred reaction unless of course the second part of number one happens with surprise volume to upside because of an outside force.
Who knows...IF EVER that was a good time for a company buy with PR or Mr. Lee to buy with a PR it would be today...followed up by the shareholder letter he is writing to be released in the next few days.
My mistake. It should be seen in the proxy statement under the session of 'REPORT OF THE AUDIT COMMITTEE.'
It's surprisingly easy to see when Dickson gets ahold of the press releases. I can only guess it frustrates his colleagues...
Regarding Dennis Bracy, I seriously doubt it has anything to do with the 10K just released. As you state, he's on the audit committee, and the 10K was approved, so if his disagreement is in any way related to the financials of the company, he's in a world of legal trouble.
(I think it's nothing more than a disagreement on the size of the board, for what its worth)
Well, judging from the way the PR was presented, I believe this is the masterpiece of D.Lee, who likes to lure people into 'creative thinking'. loll
I thank you for asking him to issue the letter. It would help us understand better, if not more of what's to be expected. In addition, the company should keep us posted any further clarification from Dennis Brace regarding the nature and scope of disagreement he has with the management as well. And certainly I hope it is not something to do with the audit report, which he was one of the members of the Audit Com. that approved.
On the side, I noticed that at 10:59:24, a bulk of 87,410 shares was transacted at 1.925 while bid/ask was 1.92/1.93
IMO-- i for 1 like the new LEAN and MEAN board.
i like the idea of a dual listing and i do not think it is dilutive. i never heard that mention b4 by anyone on this yahoo bd for the past 3ish years, so why "now" would a diluiton be true unless the shorters are spreading fear again since they have been out of ammo lately....and a dual listing would most certainly hurt the shorters!
i also like a merger idea as well
i will sum it up. D. lee had 7.4 million shares. i am sure he will work hard for us all.