Nobody wants ASCL. PG is not viewed as a legitimate CEO, and the company has ZERO earnings and no salable product. Maybe some small Internet startup may buy ASCL's hard assets, like its computers and furniture for around $300K after the company goes bankrupt in less than a year. In the meantime, PG will have lined his pockets with millions of our dollars.
We should have sued two years ago when I proposed another class action suit. Now, by the time a lawsuit could go forward, there will be NO assets left to sue for.
Face it. We have all been ripped-off completely by PG and BOD. The good news is that you'll have a write-off on this year's taxes.
My prediction? Bankruptcy by December of this year, although PG would probably like to hasten it to September.
We have been played as the biggest suckers in the market, right behind those investors at ENRON. But at least at ENRON, some people will go to jail. PG simply got away on his incompetence...
You use the word sucker and bad mouth ascl while hoping the price would rise to the point where you would not lose any money. If i felt like you, i would have sold my shares long ago. Remember, you always had the option to sell your shares and move on.
Believe me...I won't sell one share of ASCL until I am successful in pushing the BOD to fire PG and his compadres for incompetence. Sure, I could sell; but it's a lot more fun making fun of PG's inability to lead!