Not a basher..a long term frustrated holder..who got his stockholder package...and read it. Instead of answering questions, or clarifying issues, it created many more questions.
I submitted the post as a long time owner of CYGX stock, occasional follower of IHUB and RB, and fan of the technology. I would appreciate any help in aleviating my concerns. I would welcome any information that would explain why my concerns are unfounded.
I think this stock should have been $20 stock years ago...why is it at $.72 today? Perhaps the reasons are simply more basic than thinking the technology is too complicated for the marketplace to understand. Perhaps the management simply does not have the background, experience and needed expertise to do the job at this level. Don't get me wrong, the idea of an academic hiring other academics is understandable, I'm sure they are all quick studies...but negotiating the complicated business labyrinth, of a public company, at this level should not be a learning experience.
Why would I bring this up now?...Because I got a stockholders meeting notice and a 10k from 2002 in the mail.. oh, and a proxy statement that Lawrence wanted me to return as soon as possible...and I started reading...