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Saturday, December 11, 2021 10:37:52 PM
But this also doesn't seem typical of retail traders over the course of the past several months. It could be some tax harvesting mixed with capitulation.
Who knows what's really going on, well someone does, just apparently no one here.
David really should consider though that the success of this product is reliant on the Gen 0 holders seeing the project through, most of the Gen 0 holders are shareholders who are in with averages over .30c and a lot over .40c.
We can argue whether or not those were good purchase areas, and I would say at the time they certainly seemed to be good areas to purchase shares based on available information. The company missed it's dates it laid out in the PRs, shareholder confidence is in the toilet currently, a lot of speculation and fear around the S1 offering, questionable marketing abilities.
It's time for David to CEO this thing and bring confidence back to the base investors and Gen 0 holders, without them this particular product isn't going to go very far.
If the institutional shareholders don't play nice, the Gen 0 crowd could collectively agree to just not use the product and that would be a wrap. So in a way, the Gen 0 holders hold the power on this particular product.
It would be beneficial to all parties if everyone played nicely together.
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