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Re: Geo2014 post# 101257

Wednesday, 12/11/2019 2:43:56 PM

Wednesday, December 11, 2019 2:43:56 PM

Post# of 140467
I wish I knew. Like everyone else, i know nothing at this point. My fear is they are going to lengthen this out (spread out the monthly cost expenditures) now and PR some puff pieces/"milestones" every now and then to pretend like there moving forward. meanwhile they are still collecting there nice salaries. if they had a sliver of a conscience they would cut there salaries in half (for starters), to show they are serious and understand the gravity of the situation.

However, I am VERY surprised some of these guys haven't jumped ship yet. Doesn't mean they won't at some point, but frankly shocked at this point. It's a little reassuring and something to hang on to I guess. I also believe like a few on here that there is value in there IP. Would think dumping this (and all the headaches) for 100-200 mil would be the wise thing.

I also fear that they still think they have the golden egg technology/opportunity (which maybe they do in theory, or to some extent) and there pride/ego /greed is keeping them from doing the smart, practical thing.

I'm waiting this out, BUT there silence, non-action, etc, etc, etc the last couple months is beyond the pale. Unless they are in a quiet period as they negotiate a buyout or partnership, they have failed miserably
with there basic fiduciary responsibility, and it frankly borderlines criminality.

GLTA