I welcome your comments and observations. The current pps is an attractive entry point for new investors, however, for many that have been in this long term this is bordering on disaster. Many are stuck here holding positions with an average pps cost somewhere between 0.02 and 0.05. The company has a history of high profile failures to deliver on deals that were presented as in the bag and definitely going forward. The last such deal was the Niger Truck Deal. They have been trying to complete SEC audits for about 5 years that I know of and we still have nothing despite all of the claims of progress and new accounting systems and new CFO's etc. Over the years there have been numerous MOU's and MOA's etc. that have produced NOTHING! IS this as bad as Nates, NO. This is a real business with real sales and growth in revenue's and profit but they can't get the share value up no matter what they do. Part of the problem as we see it is that Lee is overly generous with handing out shares to employees instead of paying a salary, and we have seen over and over again that millions of shares appear on the market from clearing house brokers when there is any significant uptick in pps. Lee feigns ignorance about restricted shares coming off of restriction and being sold many of us see this as disingenuous and patently false. On the good side there has been no dilution, no increases in the AS etc. I guess it comes down to piss poor management and a lack of appreciation of investors equity.
