Tuesday, September 22, 2015 12:52:23 PM
But, aren't those things true about ALL new start up companies?
I've lost money on several who have done exactly those things.
That's one of THE major risks associated with start up companies.
I still have confidence in Carlos and the board.
Here's why:
1 - They have kept us informed of the facts and relevant developments. They can't be expected to respond to every negative theory and all of the criticism voiced by the short-sellers, disgruntled former employees, and local activists fighting to stop them from building in their neighborhood.
2 - I don't see the lawsuit and cash shortage as unusual. These are normal circumstances - not only for new companies, but for established companies too. Even after they are up and running with the first plant, there will be lawsuits and cash flow problems to address.
3 - Here's something far more significant with which to be worried: http://tinyurl.com/qf2tj95
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