InvestorsHub Logo
Followers 16
Posts 1898
Boards Moderated 0
Alias Born 05/12/2016

Re: SPORT19 post# 55010

Thursday, 06/08/2017 7:15:29 AM

Thursday, June 08, 2017 7:15:29 AM

Post# of 140478
I'm curious... Mr. McNally came on board January 1. He/They put a plan together, optimized the team, met the Human factors milestone on schedule, got a couple more patents approved, got the money needed to keep running the last time the funding went dry... What has this team missed so far? Sure, I'd like to see the system being sold but that's a bit premature. I'd like to see some non-dilutive form of funding but that wasn't a stated milestone so they haven't missed something (I personally think a CFO should be a bit more proactive and not cut things so close on funding). I'd certainly like a bit more communication from them, but they have no stated obligation to provide anything more than quarterly filings and annual AGM, so again, not a miss on their part. Folks here are getting angry, grumpy, bitter, and generally pissed off because of our situation, but this team so far has done what they said they would do and did it on schedule. Why are so many people griping about the management team? They are doing their job. If we have another shutdown, it's a fair gripe, but if the doors stay open and making progress and they keep hitting their milestones, they are doing their job. The level of imminent dilution we face will be more due to whoever keeps the PPS suppressed; management certainly hasn't been trying to keep the price down. It is reasonable to bitch about the market makers; they have put us in this position and are inflicting more pain on us when the next offering comes around.

Management took a sinking ship, fixed it, put it back on course, and on they sail. Let them do their jobs.