Signore Kaeota
Caldari
Caelum Incognitum
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Posted - 2009.09.28 15:29:00 -
[1]
 Originally by: Taram Caldar
TBH I'm trying to figure out why you guys are raising such a stink. So far he's been 100% on time with dividends twice as high as he originally projected for the IPO.
Who cares if he wanted to stick an extra 50b in assets into the corp. TBH it's not really any of your business if you don't own shares. If you do own shares then why do you care if the 50b in assets is there or not? If you own them and bought them at 500k each then quit complaining. If you don't agree with the 1.35mil value of the shares after he's added the 50b in assets then don't buy them from people re-selling at that price. It's really just that simple.
Regardless how you slice it he's been on time or early with all dividend payments and has been completely up front about how he is handling the stock. Whether you LIKE it or not isn't really an issue. If you want out, sell your shares back to him at 95%, you've already earned more than enough dividends to have made it a profitable venture for you even at a 95% buy back.
After all is said and done, this is a game.
Unfortunately it's not quite that simple. That was a major alteration of the stock value (via a NAV increase) without warning or compensation, and makes him look like he is trying to scam people by making the stock worth more than it is. While no intentions may ever have existed, we play a game where laws and rules are non-enforceable and, as such, anything that /could/, not matter how remotely, unjustly benefit one or more individuals, is going to be scrutinised, picked over, insulted and everything else under the sun - regardless of past, present, personality etc, as it can all be faked.
For the record; my understanding is that this all happened some months ago, and anyone who benefited from it unfairly has already done so, and thus slipped under the radar. Though personally, from what I've seen of Ji, I doubt that's the case.
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I, Signore Kaeota, hereby apologise for any and
all offence caused by the contents of this above
post, and all others that I have written, or
otherwise been responsible for.
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