Are we being duped…. or are they just that incompetant ?????
posted on
Apr 27, 2011 07:35AM
Are Daniel Major and the Board of Directiors so inept and incompetent or are we being duped?
As I stand back and let the more knowledgeable and experienced voices step forward and do and say what needs to be done …… I have this nagging feeling in the pit of my stomach that something just does not feel right. The proposed merger is a "NO" brainer. Daniel Major and CMM management don't seem to be able to do anything right. Today's Income Tax revision to the proposal is an example….. didn't anybody in their offices say…. "but .4 still equals .4. That's the problem…. maybe?"
They seem to be plodding along with the "same old, same old" direction. The more that the "NO" side exposes their antics, the Committee's opening published comments, JohnM3 submission to a Regulator and on and on.
I have this expression that I've used over the years….. "double shift in reverse"… when stupidity seems to be the only direction. My "spidy senses" say that we are being thrown so many distracting smoke screens that we can't see their real objective whatever it may be. We watch with glee as WTG disintegrates … is this the smoke screen that they want us to watch while they position themselves towards "whatever".
We need to be increasingly vigilant. We need to expect the unexpected. We need to continue to poke in the bushes. We need to continuously "shake" their tree.
This is one helluva learning experience and I'm pleased to be a part of it. But there is that nagging question…. ARE WE BEING DUPED ???????
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I had these thoughts early in the morning while WINGFONG on the otherside of the globe was enjoying his afternoon...... this is his response.
I have the same nagging feeling too. With WTG disintegrating day by day n opposition to the deal gaining strength, the ceo n directors appear to be drunk n directionless, doing small secondary deeds as per the latest nr n issuing to themselves loads of options. Are they still running the co or are they preparing to eject? I am concerned management will find some ways to burn away the +$7 million derived from the exercise of the warrants by certain investors before they pack their bags. What can we do?