Berigud. I honestly can say in my mind I think I could do better than every CEO of the many stocks that I have lol. I did anticipate after we did the inconceivable of beating the federal government’s Federal Trade Commission, that things would’ve picked up at a faster rate. But there were many variables, including the CEO literally putting his house up for sale to pay the lawyers and keep the lights on.
Not only did the competition try to kill our company once they saw we were taking market share in Home Depot stores, they almost killed Joe from such incredible stress that being sued by the Federal Government, that he needed open heart surgery! I think it is fair to say that he earned some respect and understanding of the delays.
With much higher, let alone any capital in the bank, yes, things could’ve moved faster. The fact that the CEO was able to generate enough capital to continue getting inventory for the few remaining customers, that were not intimidated by the government telling them that the product doesn’t have any R-Value, is worthy of commendation.
Although we haven’t achieved a higher share price, YET, but the fact that this mgt. team has been lining up many new distributors around the country, this has been a positive structural development by Joe and his team. It’s not driving all of the sales that we want, but when all the ducks are finally in a row, the mechanism for national distribution is there, and that will take lots of pressure from the home office.
I do understand your and other long-term, shareholders frustration, but a simple fact remains that the disruptive technology of our Insultex material, is better than anything out there in the world. The housewrap moisture barrier industry alone is a multi billion dollar opportunity, and as we know other uses for the material like; clothing, roofing, sleeping bags, just to name a few. probably even has greater financial upside.
Once some of the final steps are completed, that will accommodate some of the roadblocks of major end users, and the company starts receiving large orders, the competitors will start seeing that they are again losing market share, and as my catchphrase goes – Anybody doing any building, and is not using the Insultex house wrap is doing CONSTRUCTION MALPRACTICE – in my humble opinion, they will be standing in line to buy us out!.
The smallest house-wrap company whoever that is, if they acquired our material and had proper financing and marketing, would move to the front of the line and dominates this industry, and make many millions of dollars of profit. I believe you talked about selling your stock for two dollars to share if and hopefully soon we start getting these orders, but in my opinion, that would hbe a horrendous mistake. Anything less than $20 a share just for the house wrap rights would be a crime.
Again, hopefully it’s soon and everybody’s patience over the years will pay off, as this is such an esoteric industry, let alone our company in Etna Pennsylvania, but when all the news that is currently public, this is like what we know is almost like having inside information when Apple was first coming out with a smart phone. Home Depot, Lowe’s, and Lindus have known for years how this material saves money during construction, and now more than ever, how builders, developers, architects, contractors are looking for energy saving materials, The value, for Insultex is even greater than it was before the bogus lawsuit. Although the retailers were scared by their attorneys to continue selling it, but I’m sure in time they once again will. The public knowledge that in a federal court our CEO won the case, proving what we have is the real deal, once Wall St. understands it and everything else we have read with new distributors, and the brilliant patents, it is going to make us all a lot richer than whatever we are now
One thing I do know is that all of the manufactures in this industry know about our material, and although they probably were wondering why we haven’t taken some major steps sooner, if given the opportunity to own this product, they will find our little building on Cherry Street, and will be coming with tens of millions of dollars. Again, nobody on Wall Street or hardly anyone in the construction industry around the world knows about our product yet, but when things take off, and I believe it will be well before the end of this year, they all will wish they knew what we luckily know, and were able to buy up shares at these insanely cheap prices. I wouldn’t be selling the stock, I am buying more shares.
Good luck to the very few of us that know about this Golden Goose that in time Wall Street will learn about, and we will see them talking about it on the financial television networks.
Our CEO will be a legend to us, and if you buy enough stock our families generationally. Let’s go, Joe!
