The following are NOT accusations, they are FACTS. They could have been found by anyone interested in looking, either in the 10K's or a simple google search, which many are proficient at. A number of "negative" posters/alleged shorters, including myself, have been stating them for years. Ronin did an excellent job of verifying what many of us have been saying and that may be part of their problem with some. Nobody likes to be proven wrong.
The BOD has been taking millions in compensation per year from this company. This has all come from dilution as there has never, ever been a profit. This is a FACT, it is not an accusation.
The BOD owns very little shares in the company - David Pohl owns 286. This is a FACT, not an accusation.
The BOD hasn't purchased shares on the open market for years and years. Despite the fact that they state the shares are undervalued, they don't purchase any. This is a FACT, not an accusation.
Members of the BOD have run a number of other penny stocks into the ground while siphoning money from them. I used to only mention three, but Ronin brought up several others. This is a FACT, not an accusation.
Despite the hundreds of millions of dollars spent on R&D over the past fifteen years, the current mc puts a value of zero on our ip. We are valued at cash and Avid at best. This is a FACT, not an accusation. We may be paying whoever to play with Bavi, but we have seen no value from it where it matters most, the share price. Maybe when Fred Wolchock gets around to mentioning us by name we will soar to a $2b market cap, but as of now, nothing.
All FACTS, not accusations, and all indefensible. I believe that is why the BOD hasn't tried to defend themselves.
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