Monday, May 17, 2010 12:12:17 PM
I do agree that investor confidence has taken a hit, and I think much of that is due to the added shares. To suggest that they tried to pump the task list is silly IMO. They didn't take advantage of the PSC pump last summer (look at their older financials and you'll see proof of this), it's not why they're in this. They're focusing on building a business, not bilking investors.
And to counter your point... I'm sure plenty has changed since he's been on board. They're saying that the interest is as high as it's ever been, but you're also talking about a $2 million dollar investment for 10 acres. Those deals don't get made overnight.
Those who stick this one out will be rewarded in a big way.
My opinion.
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