Intrepid Tech & Resources (fka ITRP)

[gilead23]

Got the shareholder letter

Even though I am no longer a shareholder.

Sorry to report I see it as a big negative. Sounds like they are thinking about completely switching business models.

One would think that since they have now spent years with the current business plan and are supposed to see it come to fruition they would pursue it with zeal.

Instead it sounds like they may be going a completely different direction.

How do you pursue a business plan for that long only to say
"Nah lets do something else"

Its not as if the need for lots of capital is a sudden suprise.

IESV lacks focus and direction and personally I would want to see new leadership if I still owned it. In fact if we got solid management in there I might buy some.