Agreed, mostly. Rafic Hanbali IS the management CEO. Before him was Yves Ducommun, who orchestrated the R/M with defunct PashminaDepot to get the company listed. He then raised millions in PP's and spread the company resources too thin between Kromatix and Krystal.
I still have hope, but as always.. even with a great technology it can takes years for commercial traction.
The good news is that the cash burn of SwissINSO is very low (well, based on their last SEC filing LOL), so they might very well stay afloat until revenue comes in from sales. The JV is funded by their partner, Glass LLC whom, I imagine, isn't going out of business anytime soon.
A slew of updated SEC filings would be a breath of fresh air. I believe I was mislead a few months ago when the CEO replied to me saying the delays were from the US-based auditor. Surely that cannot still be the case. He'd answered me that they want to focus all resources on building the business, and that unless that got traction, any up-to-date SEC filings were meaningless.
True, in a way. But the filings provide shareholders with insight into the progress that we simply don't have otherwise.
A new 2016 letter from the Chairman would be most welcome IMO.
