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Re: MontyPython1 post# 236319

Wednesday, 04/20/2022 7:49:27 AM

Wednesday, April 20, 2022 7:49:27 AM

Post# of 241038
I think you should re- read what I wrote. First I said what did your response have to do with what we were discussing. Then I said that you missed the part that the investors pulled out in 2011, 8 years before the bankrupty in 2019, therefore the bankrupty had nothing to do with the investors pulling out.


I did not answer any of my own questions. I do not think this is a good investment. Please do not says words I did not say. That will not work. Surely GestureTek knew the circumstances of the investors, or ought to have known of that risk, when they decided to sell in 2011 and thought it was best for their business, anyway. They had 8 years to make it work.


GestureTek I believe made a bad business decision with that sale and had nothing to do with the investors. They sold their meat and potatoes tech sectors being the consumer electronics and mobile divisions and the other loss was the Co founder who was the Tech whiz along with losing most of the inventory engineers. There has been no new Patents since 2011.


These are all the things I have said on Twitter that are true, that as you know you came here to allege that I made false accusations. All these aspects have not changed for Eric. It could likely be that GestureTek ran into financial problems in 2011 or leading up to it that forced that sale in first place. They basically sold half their business away. Could have been to cut down on expenses. Mr. Vincent could likely have known the investors were going to take their money and leave but still had to make that decision. You see we don't know and we won't get it from Eric. He just says how the original investors made money so it's a good thing for potential new investors now. So we are left to speculate. Again, that sale to me looks like GestureTek was in financial difficulties and needed to be done. Maybe lenders prior to that sale were putting pressure on Mr. Vincent, or even suggesting to call on their loans. Like I said we don't know, but just don't see why that sale was positive or the reason for it. Why do cut your company in half? It's like restructuring. And gone are consumer electronics, mobile, big categories.


It's super Important that Eric discloses the bankruptcy to shareholders, potential investors, so they can make informed decisions. The bankruptcy is Public information not protected under any NDA secret. Besides he has now identified the name. Eric only wants to share what sounds good. As another member said, he should not being choosing that way. In his annual reports regarding his litigations he hid the true nature behind them as they were damaging. That's not right, nor is he squeaky clean transparent as many promote he is but probably is a lot more transparent than most.