Pengy- Thanks for the post. Let me explain myself a little more so that maybe you can understand where I'm coming from.
When I say "paid off", I mean listening to the endless stream of "just around the corner" retorhic coming from company officials while at the same time telling us to hold those shares. The PPS has suffered significantly. Hence the "hasn't paid off" remarks from me. Any money that anyone has made trading this stock has been due to that persons own skill in timing and executing a trade, not because of anything management has followed through on. They have successfully added more people to the BOD but we have yet to see evidence of any type of payoff there.
My point to you was this; management cannot be trusted in any way. They have not yet earned it. It is simply time for them to deliver because what they have said in the past has rarely ever matched up with what has been done. Ketch didn't even deliver the FPGA prototype as he promised.
I do not feel the need to give numerous examples because you know what I'm talking about. They did deliver Cooper and rumor has it that he quit NV because he fell in love with an oriental chick. (LOL) But we still do not have any evidence that he did a bloomin' thing for us. Delivered Ketch to us??? What has Ketch done? Nothing as far as we know.
I'm aggravated as hell that Ketch feels the need to keep us in the dark for so long. I'm aggravated as hell that many shareholders listened to timelines given in the past from Ray, Rich etc. yet sold for a loss because it took WAY longer than expected yet Ray/Rich still collect executive salaries. What do they have to say about those people who listened to and trusted them? They could care less and they prove it each and every time they get that $15,000/month paycheck AT SHAREHOLDERS EXPENSE. NOW THEY HAVE THE NERVE TO ASK FOR AN INCREASE IN THE NUMBER OF AUTHORIZED SHARES (TO 500 MILLION) FOR A SPECIFIC PURPOSE BUT WILL NOT GUARANTEE THE TRANSACTION WILL TAKE PLACE ONCE THAT HAPPENS.
Sounds fishy to me Jason. That's why I asked you to provide me with an example of where it has paid off for us to listen to management in the past. I really really want to believe them but I have ZERO basis in fact for doing so. The only difference between you and me is that you decided to believe them for whatever reason. I guess I could have been more clear and said paid off monetarily while holding our stock (as that's what management would have us do). What bothers me is that intelligent people like you seem to take whatever they say as gospel regardless of numerous examples that makes my common sense meter peg out to the max and tell me to SELL SELL SELL. I suspect that given our situation, even Mr. Ketch himself would never in a minute even dreamed of investing in this stock given the little bit of information we have currently.
I regret that I have become disenchanted with this stock. It seems that lately there are two different camps here. Those who believe and those that don't. It's regrettable that there are those who are turning their backs on and attacking those of us who are more skeptical (not necessarily referring to you, Jason). I had hoped that we could all meet one day and have a big party together. As it stands now though, I just want to get to the point that I can sell whatever stock I have and be done with this. I will NEVER EVER be a "loyal" shareholder again. Have a good one.
AI
