Friday, August 24, 2001 3:43:24 PM
It's hard to know who's who around here anymore.
I'm very concerned about SeaView production capability. We've been waiting for over a year now to get production ramped up. But is there a demand for the product as we've been led to believe? Why can't we know whether or not mass production is in progress? I don't buy this non-sense that releasing such information would tip your hand to your competitors. We've been told over and over again that we are in a class all our own. We have vitually no competition.
I suspect we have virtually no product. That's why retail stores are unable keep the cameras in stock. IMO, McBride's previous business dealings have so damaged SeaView's reputation, no one wants to do business with them. So we end up with a lot of PR but very little business.
If the business model you described is being used, it's only because we aren't producing enough product. If we aren't producing enough product, it's because we don't have adequate funding. If we don't have adequate funding (despite the PP), it's because of a mis-management of funds. Can we not afford to build an inventory? Or, will no one provide parts or services to SeaView unless paid in advance? Sounds like the Chicken or Egg thing.
As a shareholder, I demand that management give us better progress reports on OUR company.
PS for McBride - Please stop posting on message boards. You sound like some spoiled brat trying to defend your worthless credibility. You have lied to us shareholders and I suspect you have lied to many others in your business dealings. Trying to "patch things up" on these chat boards makes you look foolish...
All this and more are JMO...
Doug
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