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Saturday, June 17, 2023 11:18:19 AM
Explain why investing “resources” in the technology would be an issue? How could the company move forward without investing in their product? Anyone taking over a company must invest in their product, or it will not grow, and the company will fail. I think shareholders would be reassured to know there would be a solid commitment from Vechery to invest back into the company. When he is ready, I’m sure he will inform everyone as to the game plan.
Halpern has not invested in the company or its technology in years and that’s one reason it failed under his so-called leadership. As to “future revenue being posted,” I would hope the new group would not follow the pattern of Halpern and post bogus numbers for the sole reason of enticing shareholders to invest.
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