firecracker, I agree with you 100%. The financial successes are creating credibility for the company, yet Verges is hurting that cause by displaying his trademark of "open mouth, insert foot". He really needs someone to coach him on how NOT to do this as frequently as he has been doing it, IMO. I also waited to see if his story would change on the overhang reduction, and what do you know... it did. Fine, things change. But, don't promise us the info in the 10K unless you are SURE that you can achieve what you hope to achieve in that promised timeframe. I wish one of his board members would have a heart to heart chat with him and calmly demand that he not speak out about things unless he knows he can deliver.
Yet, the company is succeeding in fine fashion. Hopefully PV is learning as he goes. But so far, I haven't seen that he's learned when to make a promise and when not to. It's pretty frustrating to be able to predict that he won't deliver on a timeline.
All Posts Are Just My Opinion
