Your problem has always been that you were judging, and continue to judge, Bruce's efforts from YOUR concept of success. You haven't spent five minutes in the past ten years trying to find out what Bruce was actually trying to do. Because of that, you have always been right about the frustration of the silence and the delays and 100% wrong about whether or not that silence and those delays were evidence of failure or success. You assumed that because they were not the way YOU would run the company, they were failures. And of course, had Bruce run Validian using your plan he could have sold Validian YEARS ago for a $billion or $two. And at that time we might have all moved on thankful that we made a few hundred thousand dollars in profits.
But, Bruce was ALWAYS thinking in terms of a buyout of high double-digit or even triple-digit $Billions. And therefore he insisted that he wasn't chasing $two billion, he was chasing $100 - $200 billion, if it was possible.
He may only reach half that, but one thing is certain, and should be certain even to you, that there is no PERFECT business plan, and what is success to one man can be failure to another, and vice versa. And, a $two Billion buyout might have been nice, but a $100 - $200 BIllion buyout is nicer by any standard. And I for one am THRILLED that Bruce didn't listen to any of us.
And once I discovered what he was trying to do (at about the time we went dark), I stopped fighting him. His plan is brilliant and always has been, and it will go down in the books for future generations to learn from. And, if I am correct, we ain't seen nuthin' yet.
But, you could never see beyond your own interpretation of his plan, to see what he was really trying to accomplish.
You were never able to see that you were right on all of your fundamental analysis and 100% wrong from day one because you were analyzing a business plan that never existed. No doubt, if you had ever understood what Bruce was trying to do, you would have been a true asset to this forum. But, IMO, as it was, your analysis was worse than useless, it was misleading, as surely as if you were giving a MSFT analysis to an Apple investor.
And sadly, I have no doubt, even when this is over and the whole world knows the truth, you will still try to claim that he did it all wrong, and he should have done it YOUR way. And no doubt, you will claim that you are the only one who played this stock like a professional, and the rest of us just lucked out.
That is the saddest part of the story.
TPP
Answer a fool according to his folly, or he will be wise in his own eyes. (Proverbs 26:5)
