Wednesday, August 30, 2023 6:44:46 PM
And after the R/S, just sell the stock in placements. No more of the absurd "convert at a 50% discount" nonsense. I've actually never seen that before. That reeks of either amateurism or criminal activity. Let's go with amateurism.
Staelin's plan is to remain a low cost OEM, rely on Distributors to sell, and rely on independent researchers to do all the research. That plan sucks. They got lucky when Ilfeld decided to test their device but Ilfeld could disappear as quickly as he appeared. Luck runs both ways.
But hey, they're making weekly payroll, so who am I to criticize.
Weekly payroll.... One person in the shipping department, working part time?
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