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rsh

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Posts 2268
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Alias Born 04/28/2015

rsh

Re: WHITTENHALLJR post# 25341

Friday, 03/08/2019 4:37:55 PM

Friday, March 08, 2019 4:37:55 PM

Post# of 26233
Blizz and I have discussed possible remedies for a few years. The one that he has posted many times is (and has been) the most obvious path to get out of the mess, one step at a time with tranches from raises each used for a specific purpose. The first was to get the financials updated for ~$250k, then another tranche for the debt and so on. A share raise from us investors would supply a lot of money to get past all the muck. That plan was presented to Bates by both of us and I know Blizz has repeated it and presented Dan with clients who could even help more. The plan presented to Dan was a really good one and he did nothing. Just kept chasing the crapto -currency rainbows which never happened. That is why I have been so adamant about Dan stepping down - he is incompetent!

Blizz is far more optimistic than I am and I certainly hope he is right!!! But given there have already been a few years with a workable plan and to be in the state things are now because of Dan's inabilities, I think very little will happen until Dan steps down. And who knows, by then things might have been damaged too badly to recover. I think the technology is great, the need for the product is great, so there is only one dominant reason that things keep failing.

I think it will be delisted.

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