Thursday, November 28, 2019 8:29:18 AM
Your suggestions as to what the company should have done and should do are all valid. But that's based on the assumption that those running this circus act are businessmen that really do want to increase shareholder value. Or for that matter, that there is a "real" company to run. There lies the problem! It has been suggested by a few posters here that from day one the "company" was deliberately started to be nothing more than a pump and dump share-selling machine. In other words, from a long-term investor's perspective it was doomed to fail from the very beginning, but for many of the insiders it offered the potential to be a huge success.
Many of us saw the red flags early on, made inquiries, got half-ass answers, but somehow, incredibly, still believed there was something there, and we failed to act. Obviously there wasn't, and our loss is on us for being so naive. Just be careful.
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