IMHO plums, it's the little guy (true legs of the chair) who keeps companies afloat, the banks will put up their monies, with all the sweeteners and angles covered (warrants), but when they jump ship (for whatever reason) the markets generally get decimated. Institutional financing from what we’ve witnessed from Pinetree for example, is similar to that, sell free, keep warrants, and replace occasionally with more financings, they always take and make their profits. Now for the little guy he always remains thru the thick n thin of it mostly, averaging up/down, taking little profits, in belief/hopes of a winner, principally hanging on to their position thru the ups/downs. Again IMHO, I believe that Quinton has been not only the main attraction of the EVG show, but again a huge/main contributor to the foremost reason this company has been financed. I stated a while back about how I thought the market inexperience played a bit regarding their financing conduct (we all have to learn some way, somehow), but again I don’t think Quinton was too much attributed with this (since his focus was taking the doe and putting the holes where he thought best, and a beauty of a job he’s done btw).
I think they have had some past expertise guidance relating to the market from experienced outside sources, but unfortunately I believe that some of the management decided to keep that information on the back burner, while going with what they thought best (always consider that someone always knows more than the next guy, and doing things yourself sometimes can be costly). Regarding Bick selling, IMHO I again believe that some management changes are impending (read on another board), considering the exercising/selling of his options/warrants and because of the timing within the company/affairs, it just doesn’t add up to me personally. They make great salaries, and generally options have a good life span, so if one was to exercise to convert to free, that’s one thing, selling the converted free trading shares in anticipating replacement with another financing/option is another, but to convert and sell in the open market (similar to Wolfus) can raise an eyebrow. I haven’t noticed too much activity regarding the other officers, other than Sheldon, and considering we have seen Bick move around within the company to me suggests maybe he’s on his way out, who knows? This isn’t the boy’s only public involvements, just mainly the one that pays a consistent salary with their effort paper paying off. If Bick is selling to pay bills great, if EVG has management plan changes, well it couldn’t harm EVG any worse, regardless I am looking forward to an exciting year with loads of information on the way, which ultimately in the short term will paint a portrait of EVG’s hard work/achievements, along with a forecast of potential success for us all!
GLTA
El Longo
