?? That would suggest some...SOME history of transparent dealing, results, business and past performance...
It is fully justified and normal to look at past releases, past history and performance to use for judgments about present. It is also fair to raise these issues in context of real harm done to shareholders over the past few years.
Do the math - what would your share price be worth now if you bought 3 years ago....? a fraction of a fraction and more.
To witness sells well above the float and OS - WITHOUT any news or reports or filings suggests that yes, in fact more shares have come into the structure...and that is a huge negative for shareholders. Besides it being clandestine, it means any public purchases made with the assumption that last quarter's figures were correct were misplaced..and logically that the next report should also be viewed skeptically shortly after its release...and in the end all the reports are meaningless....UNLESS supported by mgt release of filings or additional shares to market..which has not occurred.
And in fact these were sells...so not sure how you think shares coming out without notification, without identification are benign,,,,they dilute your or my interests!!
Now we are end of June....you seems to feel that a late filing is not also a red flag??? A yield sign?
Note this comes after a HUGE RS!!! That after mgt claims they wouldn't do that.
what is the trust based on? Past business? Or ability to rely on anything.
The company has not delivered a transparent, consistent, consistent revenue generating, independently visible product in its history. Look at the past Q's..going back years!Look at absurd claims on website...about global this and that...lol....nothing!
Read all the releases over the last few years....show me one that came true and formed the basis of a lasting enterprise of fulfilled deal..the european client, the NC char venture, Vencor, the wholesale and retail ...the last colorado deal...nothing. And no updates of course. Mgt does not feel it ever has to explain why every claism disappears in a yet a new venture, that in turn does not happen and so on.
Again study the Q's - there appears to be only one beneficiary..and no business...no investment...no staff and on.
This is not tearing the co down...it is stating the reality of past and present. yes ...of course the skys could part and a new product and company could appear...that would rectify two RS and shoot up 1000%....but where is any sign in the past that this is likely...and what about the harm done to past holders?
The model for these things is after a RS and shareholders all leave , beaten down is a 'new' product or deal is launched with the newly RS'ed shares...a new group of suckers (my take) , and it starts all over. You can see a pattern here with the 2 RS and deals that never happen only to run up shares and quickly bail out.
Why do we not know what is happening now?....because if there WAS we would hear something about it as material fact... mgt would indicate , would be required to ..especially if all this substantial trading occurred with inside knowledge (and those shares have to be insider since they didn't exist in report) then it could be illegal.
Because they haven't announced doesn't mean they don't have biz and news brewing? That is (with all due respect) absurd...you could say that anywhere about anything
Why do I write - l I lost lots here - believing in the releases and co and mgt...and looking deeper see the history ...and good for any to know before believing any new hype or wasting $
