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hawk. despite the excellence of the recent pr,i remain very skeptical that as a longtime investor i will ever break even here.
nevermind actually make some money. the share structure is an
indefensible anchor, and the history is a red flag the size of texas. the general positivity of some here is based on the excellence of the products, but without a management genuinely intent upon increasing shareholder value, all kinds of good things
can happen without people like me ever getting back to square 1.
the products, with new products in the pipeline, are terrific, the
need for them is immense, the company strategy seems sound, but
too many signs point to a toilet-dwelling pps. the next year or so
will tell the story...
pony1, appreciate your optimism. don't share it, but appreciate it.
chas has had literally years to turn this into something. years.
anyone here would've either turned this into something or let it
die gracefully with a nice farewell to shareholders letter. chas
has kept it on life support with big talk, promises, and abject
silence. if there was more to him he'd have been able to act differently. who knows what nonsense he's peddling now. it sure
isn't the company he like to be called ceo of...
yes, getseriousok. there wasn't any meat on the bones. and the market has reacted to this wonderfully written bone as if it
means nothing. there are those who'll buy now, buy and hold. initially i thought i would too. but now i sense trouble, now i
do not want to be seduced by articulate, clear writing. still, my
wait and see attitude, my waiting for the meat, it's very different
from what i thought before--that biel was literally nothing except
a whelan money tree and the chance of any success or increase in
shareholder value was nil. we shall see what we shall see...
yes luke, yes! clear, concise, direct, without even one word of
fluff. i've read hundreds and hundreds of updates from huge to
tiny companies and this is as good as any...
yes hawk, i couldn't agree more. this is an amazing update. more
cogent and grounded and thoughtful than anything i've ever heard
coming out of biel. you could knock me over with a feather. no matter how things play out in this completely unpredictable world,
i realize everything i've been assuming about kelly and biel has
been wrong. those now in charge of biel are intelligently and honestly trying to make the company a real success. the tone of
the update, free of hyperbole, replete with concrete information,
it literally could not be better!
to those of you that i've disparaged and ridiculed for your belief
in biel, i sincerely apologize. it feels quite good to have been so
wrong. i wish the company and all you long-term shareholders all
the best!!!
biel doing the only thing it ever does or will do. it's easy to
imagine we never get another pr. just a few tweets or social media
words from their fine exemplary ceo either saying just enough to
enable the continued buying/hoping, or else a nice bye-bye, saying
how hard team biel worked to try to make andy's dream a reality, but
the headwinds for such a tiny company no matter how determined and potentially beneficial were just too strong etc.
art. those changes, they'll never happen, not as long as kelly and
the whelans are involved. biel is the very worst kind of an investment--excellent, verifiably significant products, totally
undermined by management. it's like owning a terrific business that
the mob muscles its way into and bleeds it dry. kelly doesn't use
violence or intimidation, she doesn't need to, the effect of her
greed and incompetence is the same.
i'm glad you spoke with him pony. if chas sounded jazzed, he might've been high. or he might be excited about a real development
and/or possibility. no way to know. as we have for years, we'll wait
and see...from the buying/selling today, clearly no one believes
anything is for real. which does not detract from my gratitude to
you pony1 for making the effort to make contact. if this proves
to be nothing over the next 3 months, i'll accept the loss and
not give ctdt or chas another thought.
be good and stay healthy!
go biel! kelly's accomplishments are really paying off.
impressive!
jonny. we're not in the dark. kelly is doing what kelly does.
making money for herself and certain insiders. selling tens of
millions of shares through proxies on a month-to-month basis. that's
all she does--you expect her to come clean and enlighten investors
that's what goes on, there is nothing else? this will go on until
something throws a wrench in the works. then she'll sell the patents, sell as many billions of shares at whatever she can get
for them, and that'll be that.
pjx. if you ran a company and you did dd on kelly and biel's past
10 year history, would you enter into any kind of agreement with
them? no matter how well their product fit with yours? when you'd
be opening all kinds of potential problems with kelly? her sec
investigation--found guilty, has not paid the fine--her aggressive
stances with regard to, well, everything and everyone...wouldn't
you steer clear of such a person? wouldn't you worry she was a lawsuit waiting to happen? trust is so important...
steve. pretend you are the ceo, and top managers, and bod of any
company. you do dd and see kelly's history with the sec, with
biel--do you think there's even the teensy-tiniest chance they
decide to enter into any kind of partnership? no matter how advantageous, because the products do work? kelly writes hilariously
about not wanting to leave money on the table. she's either nuts
or a crook and i do not think she's nuts. no business would join
with any company managed by kelly whelan. she's poison, knows it,
doesn't care one bit, as long as the money keeps coming...
good post simpsonly! intelligent and reasonable, and while i have
a completely different take on what's going on with biel, i enjoyed
and respect how you see things. i also hope you are right, though
i'll need to be revived with smelling salts if you are. thanks!
based on events you're very likely right. i think snaper believed
he'd come up with something that with fine-tuning could be worth
a ton, but i don't think he was that interested, being so old and
having made a lot of money. since he had no ability to delegate
to honest competent people, he would up with somebody screwy. somebody named chas or chaz, i don't even know which.
well, if nobody is willing to step hard into chas and the company
itself very soon, it's going to be another what-might-have-beens. such a shame...
we've got grounds galore tex. but lawyers cost a lot and chas is
probably 'judgement proof,' meaning he's got nothing to sue him for.
why he doesn't give over the company willingly to those who would
know how to make it work? my guess is it feels good and important
to be able to say he's ceo of this company, then tell people impressive sounding things about it--and by extension, himself. he's
a screwy guy...
so, what gives, proto? what gives?
hey cap. hope you and all here are well!
i take it chas cannot be reached. no meeting and not by phone
or email.
there must be legal remedies available to us. how does he have any
standing. he doesn't own the patents. you can't hijack a company
the way he has. granted it would take someone very determined,
possibly with a lawyer, to force his hand. this has gone on for years, and he doesn't even have the courtesy to offer an explanation, not even on social media.
if i lived on the west coast i'd go after him. he is an outrage.
i have known several smart, highly articulate men who had good,
high-paying jobs, but if you scratched the surface of their facade,
what was underneath was seriously nuts. not killer nuts or even
criminal, just living in a fantasy world of their own. they all
had families, and they were all quite responsible. most of them
drank too much when they could or smoked a lot of marijuana; one was
a situational heroin user. i think chas may be one of these people.
he's not bad, he doesn't hurt others--unless you happen to be an
investor in one of his schemes. he believes in what he's doing, but
is totally ineffectual. nothing ever really gets accomplished as
he floats along, doing his best to keep his head above water, capable of producing a reasonable sounding vision whenever necessity
forces him to do so. you can't hate him, you can hardly really blame him. but it's really too bad because if he was a competent business
person ctdt might do very well, and because we're stuck with
him, it looks like our investment will not turn out well.
wymont et al. i did not get so see the clarification from naval nomad. could you tell me/others what it was. thank you!
stay safe everybody!!!
i'm beginning to expect very bad news. this could crater. the company's refusal to address what it must know are the increasing
worries of many investors is causing it to sink slowly in the west.
negative news could send it into a graveyard spiral. why doesn't
lebby think it's his responsibility to communicate about the headwinds?
also, it's very possible chas will have to be threatened with legal
action, for non-performance etcetera, or actually taken to court.
he doesn't have a leg to stand on, so it's possible he'd step aside.
he owns a lot of shares from what i'm told, so it would be in his
interest to if ctdt got up and running...
thanks naval! chas is exactly who i've thought him to be for years.
a con man with a quicksilver tongue. if venture cap or bishops or
a group of long suffering investors do not wrest control of ctdt
away from chas, he will simply let it die of natural causes. there
is nothing to the guy except hot air and excuses.
there is real money to be made because the potential is real, but he
will kill it unless he's overridden. lots of people are just nutty
enough to seem okay while they wreak havoc for those around them...
xsxs. there is no way of knowing what's wrong. there is zero verifiable interest from those who matter, at least if you're a
shareholder wanting your investment to pay off. there is no way of
knowing whether certain statements made by lebby and others with the
company are true or rubbish. the absence of communication is disquieting. it's equally likely that we wake up one morning to find
that lebby has resigned--or the equivalent--and the stock tanks
completely, as that we awake to a deal or deals and the share price
skyrockets. limbo like this is a lousy place to be, no matter how
convinced one is about success or failure. i believe without any
real reason that something will break one way or another before the
end of the year. that's my way of holding it together...
yes and no scope. they certainly do not owe investors money. they
are not obligated to tell us anything. and mostly, they don't. it
would be decent of lebby, however, to let us in on what hurdles the
company is facing. he's an energetic guy, quite dynamic in his way, and also a serious scientist. overall, an extraordinary man. as ceo,
i just wish he cared a little more about connecting directly with
us investors. he has to know we've been waiting patiently for a long
time, and that all many of us have to show for our loyalty are
significant losses. just as a courtesy, providing us with a thumbnail sense of why he's optimistic or why his optimism must be
tempered, words from a highly accomplished, circumspect man/ceo.
carpediem123, love the screen name and could not agree with you more.
happy 4th and hope this beautiful wounded animal nation begins the
slow and difficult process of healing...there are so so many good
and decent people!
agree with everything! i salute you all. the potential is enormous
and there are posters here who can make things happen. all those
willing to actively help absolutely need to be in continuous contact.
also define exactly what you are willing to do and what you are doing and how each part fits. everybody could make a great deal of
money if people are willing to work together and not get greedy or
domineering.
chas may be the least important cog in getting this going!
happy 4th to everyone! our beloved wounded animal nation will heal,
maybe not soon, but eventually. the 60s and early 70s were brutal
too. hopefully getting all this hate and division out in the open
will ultimately have a positive outcome. also,the internet and all the new tech, it'll take quite awhile for humans to really adapt to its life altering affects and consequences...
as likely as anything getserious. kelly will do whatever is possible
to keep her little money tree alive. shareholders? to her they're
a miserable swarm of gnats...by replacing pat with staelin she's
covered one vulnerability. if this ever sees .001 again, it'll be
a surprise.
it's too hard for some to reconcile the excellence of the products
with the personal agenda of the owner/manager. biel is a place where
a few day traders and make a few grand as the pps yo-yos--that's it.
the rest of the story is the whelan self-enrichment program.
yet here we sit, underwater and slowly sinking--again. with no
volume, no buzz, not a word from the company about where things
stand with regard to anything involving actual revenue...and so we
enter another month of another year with not one concrete signal
that something, anything is going to be different. r&d companies
boasting all kinds of wonderful amazing advances go the way of
the dodo constantly. nobody inside or outside the company knows which way this is going to break. optimism, skepticism, pessimism,
they all amount to exactly the same thing. they have no bearing
on what happens to lwlg. wouldn't it be nice if something positive
occurred this july!
excellent venture cap! i applaud you! and thank you!
did you contact biz? is he still an interested party? if yes, get
him in line.
you deserve to see your investment bear fruit!
that is so right iceandfire. if anybody cared enough, that's what
they'd do.
jdwarrior, or anyone who speaks to chas, why not ask him if he's
letting this go to nothing? disappear without a whimper? that's
what's happening anyway.
there are no real obstacles to getting this going. there are excuses, there are lies, but no real obstacles.
jdwarrior, maybe it's not your nature to be direct with someone
like chas--that's fine, you are clearly an excellent guy. but
someone has to talk to chas with a max of directness. no more vision, no more big ideas. brass tacks. what when where. if not
completely satisfactory, then the family must be contacted. i can't
because i'm terrible at such things. i just get angry and angrier
and thus ineffective. but somebody...
having an investment in lwlg is a lot of fun, isn't it vein? being
told where to get off by a bunch of posters who're probably underwater like i am is a real joy also. the perception of this company now when it has achieved a bunch of milestones is as negative as it was when it was unclear whether they had anything. this would be a time when interest in partnering with the company or
buying all or a piece of it or just buying significant blocks of
shares should be sky-high--but all available evidence signals a
vast indifference. i do not pretend to get it and unless they know
a lot more than they're telling, neither does anyone else here. one
thing is sure: even the expression of bafflement is met by a blast
of criticism. that too is a bad sign, it's always a bad sign. i now
check in less than once a week for a few minutes and different week,
same shit applies to a t.
good luck everybody. i hope patience is rewarded!
yea! biel doing its thing, the only thing it's ever done. kelly
doing her thing, the only thing she's ever done. and us guys
doing our thing, the only thing we've ever done, nobody switching
sides, no matter what happens or what doesn't. yea!
i'm convinced now that chas has moved on so there isn't anybody
to work the company. it's a shame. i wish all here the best of luck
and thanks for being such nice guys. that's been the one saving grace of my investment in this strange entity that wasn't ever
able to become a company and certainly not the company it might have
been. be well all!
to those predicting an exciting monday for biel--you go guys. is
there a point where you savvy investors get the point about kelly
and her little money tree? monday in july 2022 promises to also be exciting for biel investors. .0002? .0001? or gone, disappeared, without a trace, no more biel?
impossible to predict...
smart of old kelly to replace her mom with a guy with impeccable
credentials. looks a whole lot better if the sec or a lawsuit comes a calling, as she continues her sweet little game of, we make all
the money...she's got her endgame planned out--first sign of trouble, it's exit stage left.
if there were major companies interested in lwlg, if a deal or deals
was anywhere close to the horizon, lebby would not be addressing
the people who attend these conferences. he wouldn't be attending
conferences period. he'd be hunkered down, working out the details,
he'd be negotiating. he'd be leveraging the deal or deals in the works to secure other deals. that's a big part of his job. he's
the face and voice of the company and their technology. but he isn't
because though there are people here who are compelled to speculate
and jump the gun, lwlg is a ways, perhaps a long ways away from
doing what we all are so hopeful about.
and on it goes. another week, month, my guess another year...and on it goes.
without a single real indication that this will reach a buck. 1 dollar! not one. and on it goes...
jd, pony, cap--if any of you are fathers, happy father's day! i hope
your children are a source of pride and pleasure.
and, in the event that anyone takes the opportunity to speak to
chaz, see if you can get anything, anything specific from him. if
he is actually driving back and forth between los angeles and las
vegas on account of ctdt, he must have something going on that is
real.
most importantly, be well all!
thank you jdwarrior and also pony. wymont's question is a good one.
another might be, if chaz is trustworthy and we are only a couple
of months away from news plus a pr, why aren't you buying? the
stock sure is cheap. and we all want to be significantly rewarded
for our patience and our frustration.
if you get a chance and feel like responding, thank you. i'm already
grateful to both of you for your efforts and your sharing!
hey jdwarrior. how are you? well i hope. in speaking with chaz,
have you asked him if we'll hear from him again in some form? and
if yes, does he have a sense when that will be? also, is he aware
how long it's been since any word regarding snaper's invention
has been issued? and finally, if there is any work being done related to ctdt, how would he characterize that work? specifics
would be preferable, but a non-proprietary description would be
welcome.
i am terrible at such conversations, you seem comfortable and good
about it. thank you in advance. all the best...