Agree that real information is needed. Even if the news is bad, at least put out the news. In a vacuum, all thats left is speculation and fear.
This is a very patient investor group, who seems to understand that there will be delays launching new products and markets.
... but they wont understand being ignored, or lied to.
Some of the biggest critics here were previous cheerleaders.
The company, by ignoring and misleading its investors, has really
alienated the wrong group.
ER needs to come out or its game over.
"Hopefully we get that letter sharp. I don't put much trust in nellis though. He hasn't earned it. He kept stating that financials were being worked on, and would be soon. Now, the story seems to be that they are broke and aren't even working on them. He needs to build his trust. That quarterly newsletter with updates would be a good start. We can't just take their word for it that they are working hard. He needs to give us some proof that something has been done since the last filing going on almost a year ago now for anyone to believe they are working hard. The silence is brewing more negatives than anything. He needs to include real info such as share structure, financing, whether the license deal was paid... any revenues from the pilot orders or PPG or IF and how much money they need and such. If it's full of more negotiation almost complete B.S., it won't be good."
