Why I'm not selling.
What a day it's been.....I've read and thought about joenatural's post a lot.
I've come to a conclusion, which I hope many of you will follow me on.
What appears to be true, and my own research confirms, is that in order for the entity of EFFC to succeed, it needs an experienced CFO to replace Manon to clean it all up. IF, there is a PR this week, AND there are AF's that indicate that the company is still on track to do SOMETHING that will make a profit, then it really don't matter about the rest. None of it seems illegal, it just seems like someone has been running things who can't run a company, or it seems like bad advice was given, or received, or SOMETHING....
Everything, EVERYTHING, that I've heard indicates that there IS a waiting list for the product that they were developing. The actual FOLO product does exist. CRAM does exist. It just needs to be productionalized to the masses. It's likely that a experienced CEO/CFO could bring everyone back to the table and in 6 months, really, everyone would be swimming in contracts. I don't think that there is a problem with the entity that we all hold shares in - EFFC.... Maybe there *Is* a problem with some of the people running the company, but TWO people do not make a company, especially if something happens that makes those people 'leave the company suddenly for personal reasons'.
If any/some of this is true, then let's clean house of the management, and get this COMPANY cleaned up so that we can all bring it back to life and make some profits. *I* believe in the product and the concept that it brings, and I have had enough conversations with people who have worked around the technology / and around the product, etc, to believe that it can succeed with the right leadership. Let's just get the right leadership in there, bring ARGO back to the table as a partnership agreement to manufacture the units, and get them shipping!
