NewMarket Technology (fka NWMT)

[firecracker070445]

I agree with everything you are saying except that I don't think that making predictions that don't come true is the main problem. Phil is enthusiatic about New Market and sometimes gets a little carried away when making predictions and setting dates. The real problem is how do you handle something like this after it happens? Do you ignore what happened and extend the timeline furthur and furthur down the road without any explanations as to what happened or what is going on now or do you update shareholders on the reasons for the delays and keep them informed of what is happening now? If you ignore what happened and keep changing the timeline without any explanations then you get a reputation as someone that can't deliver on their promises and someone whose word can't be trusted. If you explain what has happened and what is being done to fix the situation to shareholders then you get a reputation as someone that is transparent and can be trusted. People have a lot more patience when they are being informed about what is going on. Hence the difference between a .50 stock and a $2.00 stock. IMHO