Up until the last few days the drag on the stock price had been solely related to the lack of substantive contract or sales numbers. Now there has been some doubt cast on the company's integrity and shareholders are reacting by dumping their shares in record numbers. We are at more than double the daily volume already and the day is but half over. Unless the company makes some statements that will clear up the integrity questions or comes through with record contract/sales numbers soon the PPS may very well be in the .02's and below.
I have always believed in the technology but have been impressed with managements ability to conduct the business end of things. I have never believed them to be dishonest (and still don't) just poor business people. They need to understand the crisis they are facing and make some sort of statement that will reassure shareholders that the business end is on the up and up and sales are just around the corner.
If this Board has any interest I am willing to take a stab at motivating them to action. I am not currently a shareholder but will purchase 10,000 shares today, just to keep them honest. I live less than an hour from their offices in Santa Fe and am willing to pay them a visit (I think I would approach Thacker who invited me to lunch with him at the 2013 Shareholders Meeting) and lay out a series of shareholder concerns that this Board would contribute. The more specific we can be in the pursuit of their past business dealings the better answers we can expect to receive. My fervent hope and belief is that it will boil down to a few poor business choices but nothing that could be construed as illegal. That's the deal, if the Board is interested, let me know, otherwise I plan to stay on the sidelines and think about reentering a couple of cents lower.
