I appreciate your kind words GC. I always considered your DD to be one of the best on the board. I know what your saying, and I have tried to find the positive. I never thought Anshu would let this happen and the way it has gone down so silently just seems different. I asked question after question only to be met with the same revenue talk. I just don’t see a bottom here and no amount of revenues are going to offset dilution. This could be a 5B share hole. I can’t be tied to this stock anymore and I didnt want to ride lower than my initial investment. I hope I’m wrong and it works out for you all. It’s been great being invested with all of you. I’ve made some great friends here.
Ultimately, they lost my trust. Integrity means a lot to me, and when I start seeing things that seem questionable or hard to explain, I give the benefit of the doubt until I can’t any longer. The answers are far more scarce than the questions and I just don’t know why that would be. Communication has gone dark and things rarely get cleared up. These are all red flags to me and there has just been too many.
I have always posted my true honest sentiment that I used in making my investment decisions. I feel when we are very public about our position, it it’s only fair that we voice concern when that sentiment flips. That and some venting of frustration. It’s been building for a long time, I just always thought it would go back up.
I’ll stay close to it. If Anshu takes the new funds and pays off all the debt, I will come back in. That might be his only path to saving grace, imo. I just don’t see that happening. I think what finally pushed me over the edge was the decision to buy Pachyderm inventory, rather than be financially responsible and use those funds to pay the note. That was an undisciplined choice and reminds me of the guy who can’t afford to pay his mortgage because he bought an expensive car. It looks really bad right now and with no one clearing the air, speculation, rumors , and assumptions is all we have.
I hope I’m wrong about all of this. I truly wish you the best (Healthy, Wealthy, and Wise). Take care! -C
“A wise man thinks ahead; a fool doesn’t, and even brags about it!”
Proverbs 13:16
