Couple questions for the board, and insight that others may have on what's going on with AVXN. The way I am looking at it, I am down around 50%, since CEO Stevens has taken over.
Not saying that changing the bussiness model was a bad thing, but it did hurt the investors on the short term.Then it seems like the company is not focusing on the agenda of the set top boxes, and secure key. The last 2 PR's were on products that were already being marketed, which concerns me. I was wondering why they didn't state how they paid for the latest aquistion of the nano tech., and if they paid in shares, how many. Seems like the stock is being diluted, and has been for awhile now. I think the company has a lot of potential, but the share holders are not being taken care of here. As a long term investor, I would like to see a CEO who cares a little for the share holder,(we own the company), and would push to build a fire of what is already in the pipeline. I would like to know how other longs see it.
Thanks