Subscribe to this topicForums > Zhenya Zoning Real Estate Co. Public Forum > Topic: When will SPO end?
| Sep 9th 2009, 10:36 Io Habilis |
When will SPO end? | |
| Hi: The SPO began on 4th July 2009. ZEN is two months VIRTUALLY halted. ZEN still has 204.250 shares to sell. In Price Histoy Tab, I can see that since 11st August to this time, 30.140 shares had been buyed. Near a month. It could be 7 more months away in future to end. So much time. I have no many shares, but I can´t do anything with them. If all values will come to SPO, the Market will be too boring... Perhaps, It could be good to oldest investors, to find a way to make faster this SPO. A limit date, an special offer... I don´t know how, but if someone thinks that a new way is possible, it can be good. ty for your attention, and sorry for my english. An investor who try to make easiest this SPO... |
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| Sep 9th 2009, 12:48 Ashleigh Wade |
Re: When will SPO end?
Edited by author Sep 9th 2009, 14:18 |
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| Hi Io, Good question and it has been on my mind as well. I have been thinking about this and will review with the board and get back to you. Give me about a week as I need to re-assess our strategy with the balance of the board members and then develop and communicate a secondary plan of action. I agree it has gone on for some time, however we need to sell through in order to meet the strategic objectives lined out in my May presentation: http://wickstercorp.com/uploads/ZEN_SPO_Deck_Final.zip There was some delay in getting the SPO up which slowed our Mojo. We were aiming to start selling in June which would have been optimal. As far as the oldest investors you can't cant any older than me, as I've bought ALL my shares and been holding them since June 2007. I'm not looking to sell them anytime soon. I am also exploring an offer with someone looking to buy a large portion. Also, just for clarity the total amount of shares SPO sold in August was 56,252 - so at that burn rate we would see a sell through in 4 months (less if we stepped up marketing and attracted angel investors). At any rate, I do agree its rather unfair to hold up everyone this long and will address this with Zaldar and the balance of the board. We will need to examine the September pickup to determine if its feasible to stay our strategic course or reconsider our options. In light of our summer churn, which was higher than normal this summer (and resulted in a loss as you will see in the financials coming out tomorrow) we might need to bunker down for the fall. In the meantime, please check out our sims Tamaqua, Tuscarora, Panther Valley and Blue Mountain. We have a little something for everyone there. I hope to see you soon. Kind Regards, Ash |
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| Sep 15th 2009, 06:58 Ashleigh Wade |
Re: When will SPO end? | |
| Hi Io, Just wanted to let you know I haven't forgotten you. Last week was a mad house for me in RL (but then again it always is), and my time in-world has been spent dealing with estate operations. In short, what I am saying is that I haven't had time to put my strategic thoughts in writing for Zal, Annabis, Arnaud, Gabby and Strider (the board) to review and weigh in. Please give me a little more time as I think this through and work it out. I just wanted to let you know that I am still working on it - and I felt I owed a check in since I gave a deadline of a week in my post above. Ash |
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