Some posters here have made the claim that some of us here would like to see this company fail for good. They make the assertion that such an intention can be deduced from the constant critique. But that is patently absurd. Why would anyone here would like to see their investment the iretriviably lost makes no sense at all. The complete opposite of this assertion is the truth: that those who criticize want to see the company succeed.
This absurd claim has been ame against me in several occasions. But let me ask one question. Why would I want to see my investment fail. Not only do I have some of my own money invested here, but I also have relatives and friends who invested here on my account. If the stock went to a dollar the value of my holdings would grown to more than $100K and the total value of the shares held by my friends and relatives would exceed $2 million. So it makes no sense at all that I would want the company to fail.
I want the company to succeed. But it is not going to succeed as long as management engages in practices that will not generate revenues. It is not going to succeed as long as management continues with a policy of "compensating" "insiders" with shares that they can later sell when the stock goes up. It will not succeed as long as the primary approach to the business is to release a series of PRs that will boost the price of the stock temporarily. The only beneficiaries from these practices will be the handful of "insiders" that have the opportunity to sell their shares to new investors who do not realize what is going on.
Also, mangement does not understand that they have more to gain from running a successful busines that engaging in shady practices. In fact, even a shary practice that appears to have a resemblance to a real business can provide a big run on the stock. Take, for example, the sister company of ReelTime, BCCI. A few years back it went from around a penny to $0.84. Although it has since come down to around $0.03, it did make a run because management put together a scheme that appeared to be real. What would have happen if the scheme had been for real? The stock might have maintained its high price or it might be even higher.
There is a lot more to gain by running an honest business than by trying to fool a handful of investors into buying some garbage stock. I want this company to succeed. I want management to put in place a real business. I like to see the stock go to a dollar.
