Wednesday, August 24, 2016 2:20:44 PM
The stock no longer responds to qualitative news announcements of distribution agreements or fluffy social media posts. It really cannot when the investor does not have company results since 9/30/2015 or have documentation on how many of 5.5 billion authorized shares are now outstanding. This Management Team has destroyed any good will that they previously had.
To begin to restore trust, the overdue 10-K Annual Report, 10-Q 1st Quarter Report and 10-Q 2nd Quarter Report will have to be issued near-term. The results will need to be very encouraging. Further, Management will need to explain the reason for the delays and corrective action to prevent recurrence. There is no known and understandable reason like last year's Xtreme Technologies purchase complications. At some point, Management must become professional take the regulatory and stockholder reporting responsibilities seriously as required and to begin to rebuild trust.
In any event, having made very regrettable decisions in previous years to hang on as the stock plummeted, I am hoping for a real turnaround just time.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM