Pennexx Foods Inc (PNNX)

[oldguy]

I will pontificate on what is happening to our investment. When I am done. Then you can throw your sticks and stones at a doddering old man. I may be old and a fool. But I have had a great life. With a wonder full wife and will die, a very wealthy old fool. First, I will tell the stories. There was a battery company with interesting technology. I sat in their office and told them. While the product had potential. They were trying to market to the wrong demographic. They would not listen. two years later they were broke. The Chinese came in and bought then for 10 cents on the dollar. Then left for China. I was on the board of directors of a small publishing company. At one of the meetings where every one hated a training manual. I asked the youngest member there, what he thought of it. He liked it. I then knew it would be successful, which it was. He was the closest in age to the market they were trying to reach. I was then pushed out of the company. Which in turn was out of business in three years. A company I was the lead investor on, was struggling. The product was good. It was being marketed to the right demographic. But the wrong size of the product and part of the demographic. They changed and became very successful. We all thought the debit card was going to be a major part of PNNX, it may still be. But for now it looks to be on the back burner. It looks like the company is searching for where and how it has to be. To make this thing work. Bottom line, it is going to take more time then we thought. I will sit back and wait. Best of luck to all.