After reading the past 50 posts or so natrually I have a few comments:
1) If you wanted to confront Management with your concerns publicly a great place to have done this would have been the recent Shareholder's Meeting however many that have concerns failed to show. I too have concerns about NVEI however all the questions that I was sent (6), copied off this forum (2) or came up with myself (18) were answered at the Meeting.
2) The great potential for this stock is still there and the main hurdle at this time seems to be financing, and from what we know NVEI has met the criteria for the Mercatus financing to close, and they want it to as well. However the hold-up seems to be on the other side this time as they get things organized hopefully in preparation for the closing of the loan.
3) The movie still seems to be doing well in some markets which will bring further revenues into NVEI and don't forget that the overseas rights to the movie have yet to be inked which should bring in good revenues for the Company as well.
4) While we haven't gotten a status report on the Embarq Technology since the Shareholder's Meeting I'm sure that we will get one as soon as they have it ready and approved which IMO should not be too long from now.
5) Yes, the stock is down a few pennies. Everyone hates to see that including myself however does that really change the potential for this Company? No.
6) The upcoming name change. Yes we all know that it will cost money to do. And waiting for a few of the movie items yet to be announced to be completed first makes sense to me as then they can then have the image of a Semiconductor Company that we all want them to have.
7) Don't forget that there is also the possibility of other financing as it was mentioned at the SHM and in a recent e-mail response that I read from Brad on this board.
8) After all the time and money we have spent invested in this stock it sure looks like they are closer than ever at this time (finally) and have the FPGA offering frozen and in the works. I'm sure that once that is released we will all breathe a sigh of relief and confidence as NVEI will truly be on their way becoming a World Leader in the Semiconductor Sector at that time. (A time which I don't believe to be very far off either).
Just a few thoughts, points, observations, and more,
Pengy
"It's kind of fun to do the impossible."
- Walt Disney (1901-1966)
AI
