When DNRG did not go through with the Rubicon in South Africa, it felt like a kick in the (censored) but then the CEO wrote the letter explaining why almost a year ago. It helped me feel a bit better but still, with all I've invested, I did not feel all that good.
Now a year has passed. Absolutely no news, no SEC filings, all horrible actually, YET, for all the (censored) the stock price has not hit the .0001 so many other companies have done. Countless companies actually.
The stock price has been pretty well set between .0004 and the occasional .0002. No real heavy volume days (matching the no real news for a year) So, it is interesting.
Neal owns a lot of DNRG and for me, his letters are well written.
I can understand that hopefully the management learned a lesson about the fluffy PR's that lead to nothing were NOT a good thing, thus better to be quiet than blubber with a stupid news release everyday like so many other companies do (marijuana stocks are notorious for such releases)
IF, if, i-f some news is released and it pertains to an SEC filing or actual revenue, or ANYTHING substantial, it will be interesting for stockholders like me. BUT, if the CEO comes out with another letter that is well written and filled with nothing of value, then I think we'll finally see .0001.
Or course, all in my opinion but MAYBE we'll see...
