34Simmons: Please understand that it is not my intent to bash this stock or to get into discussions about the integrity of the management. I was merely trying to present my thought processes in as objective a manner as possible. I think it is important to be objective, even if it is what you do not want o hear. I believe it is my ability to be objective that has contributed to my modest success in investing.
By the way, in your response you wrote "pull the wool over the eyes of so many or perhaps even a scam" as though it were a quote of mine. I did not say that.
Regarding the legal and publication partnerships, I agree that those are good signs. However, I submit that we are not getting our money's worth. Though FH has been retained since April, I think, we have had not a single PR of real merit - at least meriting a top-drawer PR firm. What exactly are we paying for? The same goes for the legal retainees. I would hope that the crack legal team would ensure that patents are applied for in a timely and efficient manner. I cannot feel comfortable that that is happening. Again, what are we paying for?
As I stated before, the addition of Greaves and Propp is a very good indicator. However, investors have made it clear that a resounding endorsement from the good doctors would do wonders, yet no endorsement has been offered.
As for the Grad student, again, that is a good indicator. However, as a Ph.D. myself, I can assure you that just because a Ph.D. candidate is working on the technology is no assurance that the technology is valid. I had to redirect my doctoral research 3 times before I found a thesis that was fruitful and defensible. Please do not delude yourself into thinking that doctoral research somehow validates the technology. Nonetheless, I think that the fact that doctoral research on the subject is going is a good thing. I never stated or implied that the student was "hoodwinked".
My statement that "this company has no highly experienced management team" was taken out of context. The context indicated that this management team is not highly experienced in managing a telecommunications technology company. No one can dispute that. The statement is not meant to be an insult to the management, only to be a a statement of fact.
I find the reference to 911 and my statements offensive. My statements are not given from fear. They were intended to give anyone who was interested a look at how *I* attempted to objectively evaluate one of my investments. I have no fear about this investment. I can afford to lose what I have invested. That doesn't mean I want to.
As for your statement about me jumping on a jet to go help get our technology to market, well, unfortunately, I still have a day job... I *expect* the NVEI management to take the technology to market. They just have not given me much faith in their ability to do so.
As for the football statement... huh?
I hope you are right about going to the bank together. However, I need more that just Ray saying that it is going to happen. Actions speak louder than words.
I understand the need for caution and secrecy. If you have read any of my prior posts, you know that I truly understand that. My biggest concern is the inability of NVEI to deliver on anything it *said* it would do. I am not asking them to reveal secrets or violate NDAs. I just want them to do the things that already said they would. Period. I still am an investor, and my intent is to stay one. However, I have much less confidence than I once did.
Look. I am just trying to voice some of my concerns. The introduction to this board clearly states that discussions, both pro and con, are welcome. I had hoped that I could discuss my concerns here with people who are interested in more than bashing and power-posting like on RB. I seek intelligent, but frank discussion. No insults, no innuendo. Is that too much to ask?
AI
