I’m a shareholder and for whatever reason I believe there is value in this company. Unfortunately the CEO has lost his credibility and until there is something tangible there will be no positive response from the investor community. Remember the first time he mentioned about a deal the sp soared almost to 10 cents and since then there have been so many fluffy PRs with nothing concrete and that’s why it does not matter what he says nothing will happen until there is 3rd party validation and/or a “real” deal. If there is credibility yesterday’s announcement would have had a tsunami impact on the sp.
May be he cannot disclose anything yet then don’t make noise until you have something concrete rather than a nameless partner. I’m long and I have been around and I’m frustrated at how he’s communicating, you have to walk the talk. When there is no positive reaction to deemed significant updates from senior management you know it is time to rethink. Focus on the strategy and show tangible results and watch the market explode.
I’m rooting for the company and hoping there will be something concrete to celebrate soon. Go EPGL!