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Tuesday, August 23, 2022 9:56:26 AM
Also, as you've alluded to, we still have not gotten an accurate/truthful update regarding the audit. And yes, NPI? Also, what about all of those supposed big name retailers that were interested in carrying IPF? I guess they didn't work out, so rather than update shareholders, they just drop it and stop talking about it, hoping that we forget?
Like you've stated, their tech could be world and industry changing, but it won't make a lick of difference, if somebody else beats them to market.
For 18+ months straight now, we've watched the pps being driven into the ground day after day, week after week, month after month. We see a hard push down, then a fabricated ceiling established, then some sideways-down trading for 1-2 weeks, which pads the RSI a little, setting them up for the next ceiling-drop. Wash + Rinse + Repeat = where we're at right now, with no end in site.
Omitting the bad news until the last moment, and padding the good news in the meantime, sends the impression of deceit. Maybe as management builds experience, communication will get stronger. ENZC has a great portfolio of technologies, and this could carry them far, but communication and reputation are critical components to success.
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