Debt to Rigid/Next Cast was on the books for more than 3 or 4 years. The debt had to be paid. The socks have been out for just about a year (I was one of the first orders I was told and that was in September of last year-so 13 months ago). Your facts/DD is off.
They have a viable and successful product. What are you complaining about the CEO for? If he is the one that "killed" the pps then he also must be the one that made a product successful right? You cant have it both ways. If you blame him for one and dont give him credit for the other then what does that really say? If he is in charge of everything when there are failures then hes also in charge when there are successes.
You mention "real" tech? What do you call Hygieia? Fake tech? I have been around damn near 6 years and now that they are finally delivering I am giving the benefit of the doubt. Doesnt make sense to criticize a company that is actually producing? odd?
Poor decisions? Terrible CEO? I guess I would have been better off as well as thousands others if he just shut the company down 3 years ago so we could all lose our money instead of building a company and finally making it profitable for the first time by delivering a real product? Again, I am no cheerleader for the CEO especially since he has refused to consider my very reasonable requests to turn the pps around quicker but I can at least acknowledge the things he has done right.
Complain about things taking too long, complain about delays, complain about deadlines not being met, complain abut the pps or not managing shareholder expectations better but lets not make things up like the CEO is the devil and has done nothing right. Mistakes have been made, a lot of mistakes have been made but keep it in perspective and most of all keep the facts straight. JMO. I am signing off folks. good luck to you
