I think I understand where you're coming from. Speaking personally, Implant is one of those investments in which I have broken my rules. A OTCBB company with a going concern qualification in its financial statements etc...there are a million reasons that, if Implant does go belly-up, I can beat myself up about later and say "why did I ever buy that $%@#)#." For me, it helps to remind myself that failure is an option. This may not turn out well, and I may lose a lot of money. So what? It doesn't mean it wasn't a smart buy...I'm incurring extra high risk to hopefully receive an extra high reward.
On sales, it helps to remind myself that (a) there is a large market, and many units will be retiring soon, and (b) none of Implant's competitors are hitting home runs out there. I personally work in a business where the market driver is government regulations, and delay is just part of the business. I believe demand will eventually always converge with supply, and when it does, I believe Implant will be successful. That's why I'm long.
I think management could do a much better job in communications and "managing" expectations. Government procurement is a rather Byzantine process, and I think taking some extra time in a conference call to explain in simple terms how and why their customers actually buy products would be helpful. QPL, IDIQ and eventual RFP and contract award are all separate, distinct events, and speaking for myself, I have fallen into the trap into believing once one occurs the rest will follow shortly. I know many Longs will say, look it up yourself lazybones. And I agree...if you are at $5 a share. At a buck and change and trying to attract new investors to support the price, making it easier for an investor to understand your business can only be an advantage.
