No, not at all. Tom's been able to string this thing out for many years by changing business models over and over. His latest venture is integration, which may make him a salary, but will not likely move the stock much.
My hope is that integration is a stop-gap measure to generate a little cash flow while he puts together a new business plan.....I'm suggesting something in the energy storage sector, which will soon be the fastest growing part of the RE industry.
Those of us that have been shareholders for a long time have a real love-hate relationship with Tom. He blows a lot of hot air and hypes his company regularly. It's easy to get frustrated with him, but I want to believe he's trying to do the right thing. I do not think he's lying to pump up his stock, and I think he is committed to making XsunX successful.......but I'm not sure he's capable.
Personally, I would not recommend buying this stock at this point, but neither would I recommend selling for a penny or two unless you got in near the bottom. This stock is a long-shot, but a man needs a reason to hope. We're all anxiously awaiting the 2104 Q1 financial statement which Tom has indicated will show sales and cash flow (likely very small). That might give the stock a bump, but I'm not holding my breath. If the Q1 financials show Tom to have been lying the stock will quickly drop below a penny requiring a reverse split to stay listed under the new regulations. We'll know by the middle of May which direction it will go.
I'm here until it hits $0.09 (my break even point) or the company goes bust. Anything close to that, in my opinion, would take a real miracle. But I want to believe: Tom, if you listening, make a believer out of me.
