"As you know I agree entirely that the Directors have made poor to downright criminal decisions in the past. IMO that has been discussed in great detail and I for one are now looking at the future."
So if that is the situation, why support people that screwed up to that extent?
They cost the company money, the shareholders a fortune, and lots of dilution.
The company needs new directors, a new CEO (one that has only one position), and new owners.
The sad fact of the matter is that no one could do a worse job than the people there now. At a little over 11 cents a shares not more can be lost compared to the previous 90%!!
ELK Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held