Sunday, August 14, 2016 11:37:38 AM
That is MINIMALLY the length of time they have owned this stock. We have been through several iterations of getting behind different management groups only to be let down by their performance. The emphasis of management is not to grow a company with actual products and services, but to sell the current buzzwords of the moment to manipulate a worthless stock. I believed in streaming, didn't really believe in airplanes, nor movie distribution, nor cigars, nor marijuana, nor movie production nor the VR space. Never thought we has enough capital and what we did have was spent foolishly. I thought we would sell the streaming technology (had we truly developed it)
So for all the years that this equity was held, we now get the honor and privilege of holding less worthless shares because of a R/S, and the opportunity to go through another 24 month tap dance with no business success.
Good judgment comes from experience, and experience comes from bad judgment.
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