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Wednesday, August 10, 2022 9:06:41 PM
I think we need the good news to keep flowing as we chomp through all those issued unrestricted shares down here before we can climb back to where we should be. Hopefully, we have limited dilution going forward as well. If they keep diluting, for whatever reason, we aren't going anywhere higher.
What we need is a good deal on the battery front and a clear path towards commercialization. I still don't get, and will never understand, the failure to announce the DoE grant award. There must be something to it.
In any case, I agree with you 100%. Getting rid of folks like ancient CEO Mario and the rest of the gang that couldn't shoot straight is awesome....also not having to compensate them for driving the company into the ground is even better. The new directors and new interest in the direction of the company (along with a shareholder interest by nature of them holding 20M restricted shares) can be nothing other than a good development. Right now is the ground floor if they are, ultimately, truly successful in turning this company around.
Following the charts is like driving a car forward while looking in the rear view mirror.
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