ProText Mobility Inc (TXTM)

[nutz4pinks]

Frankly, they poorly utilized the time yesterday's conference call. How many times did they look at each other and ask if they were out of time? These are high level executives!! All the other presenters in the conference (other companies) were fully aware of the allotted time and used it wisely.

Other companies before and after them came prepared with good slides, meat on the bones, detailed financials, some showed pictures of their facilities, and they managed their allotted time wisely and left plenty of time for questions.

This conference call was a missed oppotunity and I hope they learn from it and do the next one more crisply and with better slides, more details, more meat on the bones. I think they only gave us scraps.

Instead of Dr. Hurley holding up and rotating products that were out of camera focus at times and not held there long enough to see closely, she should have instead had slides laying out their product lines and what they are used for. Then show a graph of their top 3 or 5 revenue-generating products with financial details. There were so many missed opportunities.

Because they managed the time so poorly and the presentation was disjointed, they left no time for questions, I think angering many shareholders that wanted clarity and clear direction going forward.

This, I believe, is why the stock retreated ~60% yesterday and most likely the stock will drift downwards over the coming weeks until there is a clear press release from the company that provides at least some of the clarity we all want.

That being said, I am not a "dumper" of this company.

I believe they have the $2-3 Billion in seeds, the $300-400 million in purchase orders, the 5000 hectacres farm, the distribution network, the strong drive to help people in pain, the extraction technology and so much more. It is clear they have the medical doctor expertise. I see a $5-10 billion company here. I just wish the conference call was done far better.

I'm holding and adding more on drops and will see what happens.