Very valid point. Lies and secrecy have no place in business in this day and age. I too am very disappointed in their current leadership. I wasn't aware that Garvis knew them from before, the old friends thing makes sense. I remembering seeing an interview with their CEO, Mr. Venegas and he talked about being friends with Scott for like 15-20 years (I can't recall but remember thinking it was longer than any current friendship I have had.). While I get comfort, doing things with your friends when it comes time to business seems a bit sketch. Very Ulysses S. Grant presidency. I don't think that there's a single person to blame, I think maybe they need to look into replacing (upgrading) their CEO and CFO. Unclear if that would mean abdicating their roles on the board too for the benefit of the company and sending a solid message to us, or if that's mostly moot, but I think it might help the public perception, especially if your theory on Vicente Fox not being there and they are covering it up is true.
I didn't mean to imply that this should go unchecked, I just meant that under the current market conditions all over I personally didn't feel like rocking the boat. Warren Buffet says to stay the course right now and the market will heal itself, just trying not to put a finger in the wound when I don't know what could be happening at the company in the background. For all we know they could be doing some pretty awesome stuff, but it's all speculation at this point. Hopefully I am wrong and the biotrack and americannex stuff blows up and does well, eventually. Good tech doesn't always make good business if the leadership is wrong for the company. The companies they acquired seem to have a solid shelf life, so I'm pretty optimistic.
I think that this is actually the bottom. I really don't see it getting any lower based on the cards in the hand alone. Even a blind idiot can win a hand with 4 aces. After looking into their competitors more and more, I think I'll hop on the bandwagon and buy some blocks soon. At this rate, it's going to be hard to lose money (hopefully).
At any rate... OUT OF THE DARKENESS!
