I had to leave yesterday because I was so upset, I was actually left speechless and did not wont to post something I would regret! My thoughts on the situation is that Neostem has still not got the idea of ""Putting the horse in front of the cart"" and again we suffer! I do not know what there plans is but I do know they are loosening to much by the way they do it. Here are my reasons for this thought
1. Why not announce ahead of time the company is transforming, get people excited and let them in on the plans?? Let them know what has to go and where the future is taking us. They actually could have got people to hold the stock and PPS, maybe even new investors looking for that upside. Instead they blind sided everyone not knowing what was going on. People do not like to not know what is happening when it involves there money. I think I can make the statement that everybody already knew that we where not going to have great 1st quarter. That is not what made the stock drop.
2. Name change? Probably a good reason but why not have mentioned the reason for this? There are a lot of reasons people change the name of there company, some are good and some are bad! We don't know if we are incorporated, partnered, bought, bankrupt or just looking to move on with a new name? I think a lot of people wondered about this.
3. What happened to the Tissue Regeneration Program VSELsTM? Its page is gone off the site? Did we not get a grant to continue this program? Is this temporary or has the trade mark been sold? Who knows I am in the dark!
4. Management. Yes we have new management but I do not think there approach is any different than the last. They need somebody in there that has a good public approach on how to advertise this stock. I did say advertise because your display of the company can make it or break it!
My opinion>>
Why not announced a couple weeks of head of time we are>>>
TRANSFORMING this company which includes a corporate name and brand identity in the coming weeks to emphasize the Company’s therapeutic development focus on immune therapy and its integrated approach to cell therapy. We have big and positive changes we will be announcing along the way! You will see changes to our site, please give them time to be all updated, we will announce when that is done!
People would not have been blind sided. They could have got us excited by some CEO post about what this would included and that our future is going to be positive! Actually no matter what they put out now we have lost a lot of PPS and especially confidence in the company, I feel this could have been avoided. These things are hard to recover from. Not to bring up old crap but just like the first results of NBS10 they waited to long to reply, we all took that hit! The second time you think they would have been ready? Again the PPS dropped no reply for a couple days?? We have not recovered yet! Then yesterday did not help at all, down we go again!
I feel and I know it is true that we have had good results!! Then why is the PPS so low? We have dropped to almost nothing and yes it is a good buying opportunity with out a doubt! You need confidence in a company to buy and hold the PPS.
Last let me say, I believe in NBS, there science, there trails. THEY ARE THE FUTURE OF MEDICNE ! I just wish they would adopt that thought when printing articles or displaying news! I wish they would keep the ball rolling with updates about our products, our future! Little words mean a lot! I wish the CEO would take 10 minutes a week to post on his blog( it does not have to be a lot, little progress reports, anything)
