Dear Deafchild,
Some of the regulars here have pretty strong opinions and are weary of newcomers with challenging perspectives. I'm in long and holding 500K shares @.025...I hope things go positive for LEI in the long term.....however, I think a lot of hope here may be blinded by a selected few who have "supposed" inside tracks with BB or BW making statements to stockholders on this forum that never materialize from their so called emails or phone calls.....both of these guys have promised a lot over to stockholders over the past year and the stock is still flat with no real changes in company trajectory.
Where's the great announcements forthcoming in October as promised by Battis in September? These types of statements "of good things coming" are not a first. (Check out his three posted "Founder's messages" on the LEI site and compare them to reality from first post) All good comments and actions are never timely. It's OK to miss target launches, just don't announce them so wrecklessly if they may not be able to hit their mark.
You are right, in today's ecconomic climate the federal budget will be challenged with the new administration's hopes to turn things positive. Even if current defense spending is approved, a fully democratic legislature and executive branch (could happen) and can curtail any spending and move the $$$$ elsewhere to launch their programs.
I know I have been schooled from a sage on this site that PT Parnum was a great marketing man.....when I compared Wolk's promises to Barnum in regard to LEI....I just happen to think that Barnum was more of an entertainer....I sure hope LEI stockholders are not part of the circus left holding the Flying Flea bag in the future.
I've paid $12.5 K for my seat under the big top because I believe in the LEI technology and that the market applications are wide open. My concern is that BB is making backdoor deals on the technology with other investors or partners that may never benefit the long holders. It may be the most expensive ticket I ever paid for a show but the odds still are better than beating the house in Vegas.
