Well, I was putting my "hope" on the fact that they will get their act together and pull this together. I've seen it a few times with other companies where they got rid of some upper management, replaced with new management that knew what they were actually doing.
The fact that willieb comments about this man being former military is actually a good thing. I have a feeling this man is a straight shooter, no BS type of man. If he thinks its crap, he will tell you. Coming from a long line of military family (Grandfather was at Pearl Harbor when it was hit in 1941, got injured, in hospital for 6 months, then went back out to serve until 1947, Father was also former Navy, Brother Air Force for 18 years, missed his 20 due to being hurt, one cousin in Army and served 3 tours in Iraq from 2004 to 2007, other cousin in Marines, Uncle in Army, blah blah). I'm not bragging, I'm just saying that they are all people with pride, integrity, and respect. I would take it that if this man leaves the company, it is most likely because he knows its definitely crap. The fact he is staying and doing what he can to make this company into something, says a lot to me.
I may be under a little bit, but I'm still "hoping" long term that this company can make it out a little bit better. I don't know, with all the negative stuff I read a lot by others, I try not to let it sway me, but at the same time may actually influence me to sell if it goes a little bit above what I bought in at. I thought by looking at all the years the company did, they were at the bottom and will build back up.
I got in at .05 back in April. So I haven't held shares that long, but long enough to see it drop big time. I was at a point I want to buy more shares at the price it was yesterday. Good news is the press release was a little bit better to help out my faith. Can this be just a PR release to satisfy people while they continue their BS? Perhaps. Either way, being negative about it doesn't help, esp if you are in deep at .05. Of course, I'm assuming others are in deeper.
Who knows, but I will just have to hope it gets back to what I got in at, take a look at the long term and short term. Do the typical "will I make a profit, or should I just tuck my tail in between my legs and be thankful I got back even". Tough to say.
Once again, I can't thank you all enough for replying and adding good feedback. As mentioned before, been watching the message boards since April, and finally decided to chime in. Hopefully we can all get our money and more back.
the only easy day was yesterday