August 20, 2007 by Nobody Fugazi
Posted in
Bart Heart submitted this via notecard related to his company leaving ISE:
I feel it is necessary for the sake of my companies and investors to make a statement regarding the BHE and VHI moves from the ISE.
First of all I sincerely wish Cocky Dagger the best of luck. If I did not think he was capable and ethical I would not have made the move to ISE in the first place. His programming skills are impressive. I have been satisfied with the website and the ATMs which were the other reasons I chose to move to ISE. I hope Cocky will continue to serve as CEO and that the ISE thrives.
Now that you know the reasons my companies listed on the ISE let me explain the reasons I chose to delist them. It had nothing to do with the Rule 144. If my critics read the press release postings from the prior day they might recall that I was going to place a bid to buy the ISE when it was up for auction. I planned to bid in auction because that’s how it was offered. It was not put for sale or I would have offered to buy it, which I would have preferred as a potential buyer and as a CEO within the exchange. I disagreed with the notion of auctioning the ISE to the highest bidder with no regard to their integrity or experience and that CEO’s had no voice in that decision. Either way my intention to bid was sincere. My questions and opinions about this matter were not welcomed by a board member. The thread deteriorated to an immature level and the conversations and threats that followed are the reasons I delisted.
Regarding Rule 144; To assume that my companies delisted because of this is ridiculous. My investors are always invited to talk to me directly. Many know my real name, location, alts and even my phone number because I have given them that information. Not because it was exposed on a third party website. Transparency is not an issue for BHE or VHI. It was a well-timed announcement on the part of ISE however because it did lead those quick to jump to conclusions to a new witch hunt.
It was the auction thread that led my companies and many of those that followed to leave the ISE. Wise business people will accept my reasons given and not the implications of a well-timed announcement and comments from those with their own agendas.
Truth, Logic and Common Sense
Sincerely
Bart Heart, CEO
BHE and VHI
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ISE's Official Position on the ISE Bid Request
Speaking on behalf of the International Stock Exchange, as their Communications Liaison, I wish to further clarify and correct Mr. Heart's statement in regards to the ISE Request for Bid (RFB) announcement made a few days ago.
Mr. Cocky Dagger was not and would NEVER sell the ISE to the highest bidder and completely disregard the possible consequences of such a decision. Mr. Dagger's character which is a direct reflection of the ISE is one of GREAT integrity. That same characteristic is what he was looking for in an individual or team of people when he made the announcement of the ISE auction.
At NO TIME did Mr. Dagger ever state that he would sell the International Stock Exchange to the highest bidder. That was the assumption on the part of a great many people posting a response on the ISE website and WAS NOT Mr. Dagger's official position on the matter.
Cocky Dagger will be holding a press conference later this evening regarding the ISE auction and any question regarding this subject will be answered at that time.
Regards,
Cadence Juran, CEO
Crescendo Corporation
_____________________
"It's all in the message. Get into it!"
Dictionary.com a great place to learn what your talking about.
auc·tion
—noun
: also called public sale. a publicly held sale at which property or goods are sold to the highest bidder.
—verb (used with object)
: to sell by auction (often fol. by off): He auctioned off his furniture.
—Related forms
auc·tion·a·ble, adjective
auc·tion·ar·y, adjective
Again, please refer to our
Again, please refer to our official position stated above on this matter.
Thank You.
Cadence Juran, CEO
Crescendo Corporation
_____________________
"It's all in the message. Get into it!"
What time is the presser?
What time and where will the press conference be?
ISE Press Conference - 8/20/07 (Today) @ 6:30PM SLT
The International Stock Exchange press conference will promptly begin at 6:30PM SLT today, August 20, 2007. Please IM me ingame for a LM to the location.
Thanks!
Cadence Juran, CEO
Crescendo Corporation
_____________________
"It's all in the message. Get into it!"
LOL
So you like Cocky Dagger and then accuse him of a "well-timed" announcement? Please. Good luck on this new foreign stock exchange, maybe there you'll have less regulation and transparency to worry about.