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Thursday, October 22, 2020 3:18:30 PM
Someone asked about the stock price. They were all puzzled as to why the stock is lagging. I have an answer...it's a start up with no revenues....and no plane at the current time. I will give them a lot of credit for answering all the questions on the zoom call. They put forth a lot of effort updating shareholders. They said anytime anyone has a question to call them.
They addressed the point that the first round of private sale of shares...those shares come off restrictions on Saturday. They estimated only 300,000 shares are not held by long term or company executives. So there may be some selling coming. Most of the shares were purchased by insiders.
Overall, they have made a lot of progress this year.
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