How do we know what he’s doing? We haven’t heard one word from him other than a couple lines here and there in the past couple PRs. I’m ready for a shareholder CC.
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Again, I believe this is all intentional. It is really bad for a CEO to hide from shareholders and everyone else for the first nine months of taking his position. He is supposed to be the #1 spokesperson for the company. So why would a CEO intentionally hide? Why would he intentionally tank the stock? Because it languishes at $.20/share while he apparently does nothing to help? What justifies his salary? What bonuses has he earned and why do bonuses have apparently no relation to job performance? He doesn't need to justify his salary or bonuses because he answers to no one. And I firmly believe they are running this company into the ground on purpose. If they were really getting ready to make sales, why would the CEO hide? This is when he should be the company's #1 sales person, pumping up the product, taking the first supposed upcoming sale and turning it into 10 or 100 sales of the product. But he is doing the exact opposite... Why???
If the product actually has any value, then the only plausible explanation is that they are diluting the stock and building up their leverage position so they can run the company into the ground and sell off the product to some other company for some meager sum. Then they will finally figure out how to make money off the product and they will reap the lion's share of the rewards. That is the only plausible explanation for how everyone at this company is behaving. If they gave a damn about us, they wouldn't hide like this. They are just a bunch of greedy scheming cowards, the whole lot.
