They are going to have to pay my legal fees when the anti-slap motion prevails.
Calling anyone a criminal, scamster, scammer or whatever is constitutionally PROTECTED SPEECH on stock message boards.
My primary purpose for wanting to settle is so I spend less time here.
The only reason I have posted as much as I have over the last year is because they sued me.
If they refuse to settle, They are going to have to issue even more below market private placement shares to pay for their unwinnable SLAPP.
I think they gave away 4-6 points of upside by doing it.
But, I feel pretty sure the dividend will continue.
I wont be buying more, other than the dividend reinvestment plan. Unless it falls to the mid $30s.
Prior buys at $44.40 1/28/13, $40.51 10/4/13, and $45.01 3/2/15. Plus reinvesting dividends.
Its being done illegally without the posters giving full disclosure that they are being paid to tout the stock.
That said, I called John Browning yesterday and made a fair settlement offer. I offered to stop calling Calvert a criminal if they drop their unwinnable SLAPP.
As much as I dislike everything that is happening here, Im tired of spending so much time on it.
And, if the fight continues, Im going to get even more involved.
I have not and will not stop posting nor will I issue any kind of apology or admit any wrongdoing.
Adding to the sense of unease, Biglari has been muscling in on cover shoots and seeking to meet the scantily clad models, the source said.
“There is a level of creepiness to him that is off-putting,” said one former insider, who also said the staffers always know when he is in town because of the heavy scent of cologne that trails him.
Dennis Calverts long term track record of value destruction= a $64.53 million loss
Starting at 6/30/02 which is right after Denny-boy took over, the company had an accumulated deficit of $12.919 million.
At 6/3-/14, a full 12 years under Calverts expert leadership, the company now has an accumulated deficit of $77.448 million.
That means in his 12 years at the helm, he has burned $64.529 million. Or an average of $5.377 million per year.
It went from Nuway Energy to Nuway Medical to Biolargo.
They have never had any revenue to speak of. But they have managed to lose $64+ million while Calvert lives like a king.
The reason its being hyped so hard right now is they have managed to issue a boatload of private placement shares and warrants in the 20-30 cent range and those people need you to sell to.
Yes, you are the patsies who allow Calvert to blow $64.5 million over 12 years, changing businesses multiple times with dozens or even hundreds of material misleading press releases along the way
Stocks trading like its not going above $25 anytime soon.
They are just bent on running this stock into the ground.
Look for a reverse split soon.
Anyone who bought these shares in the open market has lost most of their money.
But don't worry, you can still lose another 95%.
They are desperate to sell. They need YOU to buy.
Do what you want.