Actually, I'm not trading out of emotion. Due to the low volume, I ended up never selling a single share of DEWM. I still own 100M shares. I have no orders in to sell at this time, nor any plans to do so.
My hope is that Moran will resign, and that by doing so, this company will be able to survive. I agree with Investo7 that Moran has no people skills and that he doesn't know how to run the business end of things.
When I read the President's Message, I was as excited as everyone else. I thought that great things were coming. In it, he said that he anticipated that the financials for 2013 would be completed by the end of 2014, and that the 2014 quarterlies would be done shortly after the first of the year.
If he were smart, he wouldn't have used the word anticipated, as it's almost always written when it's nearly 100% certain that something is going to take place.
I understand all of the people who have high expectations for this stock. The problem is that Moran is a liability to the company, and a huge one at that. As Investo7 said, at the very least, he needs to concentrate on the product end. He is not a people person, and it's rather obvious that he has great disdain for people in general, especially investors in his company. His arrogance exceeds anything that I've ever witnessed before. While he may be the driving force behind the Dewmar products, he's also the driving force behind the demise of the company. This new guy, Houston, needs to step up to the plate immediately and start issuing news and PR's.
It doesn't matter how long it's been since some of the companies on the list have failed to file, the point is that the writing is on the wall. If things continue as is, DEWM will be suspended. That's a fact that you can't dispute.
The other fact is that when you have a person running a company who has such low self esteem, you'll never hear the truth from such a person. Narcissism and Anti-Social behavior have been the downfall of many people, such as Bernie Madoff. Those who have this affliction, are INCAPABLE of accepting the fact that they aren't God's gift to the world. It's essential that Moran either leave the company or fade behind the scenes. This is not emotion that I'm speaking from, it's fact based on years in the field of Psychology and the realization that our CEO is playing a game of smoke and mirrors based on his extremely low opinion of himself. If you don't believe me, than take out some books on the subject.
The bottom line is that I'm still in DEWM. Like you, I want it to succeed. But unlike you and others, I feel that Moran has to go or fade into oblivion in order for this to take place.
