What do you think hes been doing? You dont think he has improved shareholder value of the past 2 years? stock price being down does not mean a CEO is doing nothing.
I posted this before:
5 years ago the company didnt trade although it was at a higher pps, had only a handful of shareholders, had no money, no revenue, no ability to deliver a product, no products, no market liquidity, crooks in the hen house, hemorrhaging cash, no interest in the stock and almost went bankrupt.
5 years later the company trades 10's of millions shares a day, $500,000.00 a month, actual market liquidity, actual market interest, revenues for the first time in 5 years, is actually delivering a product to consumers for the first time, is in the process of delivering a full line of products, has cleaned house, hired professional marketing firms to market company products, hired auditing firm to uplist, settled all their debt off the books, has 1,000's of shareholders and has been very consistent about their intentions to uplist the company. On top of all that most of this progress has been made over the past 28 months!
Progress has been made and the man turned the company around from the brink of failure. You may not like the pace at which he did it or how he did it but this company would be bankrupt and closed had he not did what he did. That is an ACTUAL fact and not a theory based on a very limited understanding of this investment. I am not happy about the price or how long it is taking to get profitable but I am a fair enough man to admit that what this CEO has done under the circumstance he has had to do it is VERY impressive and practically a miracle. Most CEO's would have quit and closed up shop and they probably would not have been wrong. This man just doesnt like to quit and doesnt accept failure. Thats the benefit of having a military man at the top. We should be supporting him and trying to help him. After all its OUR money on the line isnt it? Why would we want him to fail? Wouldnt we be shooting ourselves in the foot?
