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Thursday, 07/24/2014 10:55:03 AM

Thursday, July 24, 2014 10:55:03 AM

Post# of 122983
My experience of working for a start-up company that went "public" was Global resources (GBRC). Maybe some of you had shares of this. We worked diligently, spent our own money on miscellaneous stuff we needed, and made progress all the time. Unfortunately we ran out of money and time. The Board of directors blew all the seed money on building the company and promoting a product which had not yet been developed and ready for the market but ROI became the focus anyway. I can tell you for a fact that when the main investor got impatient and came in and took over, it was the beginning of the end. I'm not defending Berge because it IS time he produce for the investors but, I guess my point is that it takes as long as it takes.
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