You miss the point entirely. This is OTC pink tier company. Investor money is only investing in companies with solid leadership. Investors want professional corporate governance, solid & verifiable communications, IR that can interact with the investment community appropriately, audited financials and especially transparency & accuracy. They want to see legitimate non dilutive funding as that is usually the best indicator of solid assets/business plan and $ backing.
So far with new mgmt, we have some PRs that sound great but lack any pertinent info for investors. We don’t have audited financials. We don’t have IR or even a responsive mgmt group. We don’t have attentive communication for the investor. We don’t have any verifiable info or #’s. We don’t have a clear vision for revenue or growth.
Investment money is not going to be buying here unless mgmt gets a clue and understands this market. Right now we are getting a class “C” (at best) PR pump instead of a legitimate mgmt group. They need to get a serious pubco consultant/advisor at this point otherwise this is going nowhere.
I’ve seen probably 100 differing legit OTC pink and QB companies all fall into this category over the last 2 years. Primarily the downfall is the mgmt always thinking they know what they are doing but really don’t understand public markets. This is why so many legit businesses fail and get decimated to subs or trips because only funding they will get after a while is toxic. In this current market all the good funders have left leaving only the extra toxic ones. Very few companies right now are seeing good non dilutive funding. Having a pps under .01+ is ultimately the kiss of death if they don’t get a good public infrastructure in place.
If you haven't learned yet, most posts on a message board are in the writer's opinion. All of my posts are in my opinion (IMO)......do your Due Diligence (DD) and make up your own mind!
