Gimme,
I know I don't post on here often and I always appreciate the DD others around here do including yourself, yet this time I disagree. As a person who grew up in family owed businesses I agree with Mr. Campiti (too a point). Most on this forum looks at everything through the investment lens (yes, it is an investment forum), not the business lens. These are often different. Many times companies have stock just to raise capital and the price of that stock be dammed. Other companies, especially larger ones, care more about share price then anything else.
Usually start-ups which I still classify REDG as, have to decide what is most important and right now that is NOT the stock price. REDG is focused on growing the business and their actions show this (however delayed and limited products and news are). As an investor I can see how that is hard to swallow, yet I knew that going into this well over a year ago given the limited amount of information and releases that were out there.
A one time investor video doesn't cut it, yet given the size of the company, I can understand it. True, I think REDG should have a "true" formal investor page on their site providing news/weekly updates, yet again, this is one more additional duty for a very small staff to undertake when they are trying to grow the business.
We often think things are simple and easy, yet as a person who has run small and large teams, there is so much work on the back end for every little thing that a company puts out (legally) it can eat up hours if not days of peoples time. I for one would rather see REDG focusing that energy on growing the business versus answering every question on a forum that someone has made a mountain out of a molehill because they think they found something out of place or can't make sense of it.
As I have said in my previous posts, I do believe REDG will bounce very high and sustain a decent PPS. However, this will not happen until income is reported on a filed financial report. Until then it will continue to drop slowly from dilution and lack of interest and REDG will be forced to take more and more of the same toxic debt they have previously.
For full disclosure, I have over 8/9 million shares of REDG and looking for the right time to double that number.
Good Luck REDG--------->>>>>>
