From what I have heard about the ExoDetect and ExoWatch products... they both amazed anyone who has seen a demo. That being said, I have also heard that the interface was a bit "kludgy".... which means to me... that it needs to be more userfriendly. I, for one, am glad that they have hired programmers to work on both products, and most likely are addressing this concern, amongst others. I have yet to hear of anyone seeing either of these products in use claim them to be anything less than a very useful tool. That being said... they need to be properly supported and improved all the time for them to be and remain successful.
Confidence in the company and products by those who DID pay for these services must have confidence concerns.... They've already seen the company shut its doors once... so... to see it rise from the dead would not be enough for me to jump back on the bandwagon. Seeing continued improvements and a staff to back it/them up... WOULD help a lot to that end.
This is simply going to take a LONG time to work itself out. I am not in any way thrilled about how things have been going.
I am REALLY upset with present management for making their first promise to have the 10Q done by last week... and now saying OOOOPS, next month. THAT is a HUGE mistake and better not be repeated. Also... I think present management needs to do a LOT more for Investor Relations... Not sure who or how that should be handled, but clearly there are many more upset investors right now than ever before.
I am in this for the long haul. I believe that the O/G guys saw a way to leverage their equity in their wells into owning a part of a GREAT software company.... and I'm afraid that they have a rather steep learning curve to get up to speed on this....
No more promises that will NOT be kept, guys. HUGE mistake.
