Yes those stock are trading on potential, much like NEAH has in the past. When that potential is unrealized over and over and a stock is diluted to the point that NEAH was and then reverse split and diluted to nothing again.
Well, at that point the management of said company lose credibility and at that point they have to regain that credibility by accomplishing something. Not by wishing, not by having "pumpers" say "it has potential" sorry not good enough.
The quarterly reports say it all.
" The deployment of our business strategy has been delayed during 2016 by the availability of capital and our inability to raise sufficient capital to fund ongoing operations, sales and marketing and production. Assuming we are able to continue to obtain sufficient financing, we intend to focus on production and delivery of products to customers and sales efforts. "
There is a reason for the above statement by NEAH, they can't get a loan, because they have gone through the gamut of Venture capital investments then dilutive investments and now have no value to sell. That is the fault of the company.
This is not a startup..this is a failed startup with no credibility. all the pumping of hot air cannot change that. Legitimacy will come when NEAH completes a revenue bearing contract with another LEGITIMATE company and that other company actually concurs that such has happened.
JHMO
Bill
