I agree with all of your points; to an extent
Yes it would be nice if after R&D ITRO could have tapped a larger percentage of market share on the jump. But since that didn't happen, now ITRO's market cap is driven by actual sales numbers. Speculation can only hold out for so long.
But the upside of that is, the speculators have left, and we can acquire the stock at actual fair value. That's what my point was. So now we have an undervalued stock, that still has good growth, and we the ones that are remaining no that all of the things that led to the initial speculation are still possible. It just may take longer to realize the results.
So now on the speculation / under development side we have
1) silver 10x/100x
2) Auric
3) All of that untapped market that can still be seized.
For #3 we can deduce the limiting factors are likely
1) initially too expensive to scale and mass produce
2) pour cash flow to improve delivery and manufacture cycle
3) The technical process of ITRO is more expensive to operate and therefore requires higher wholesale cost; potentially limiting mass distribution; unless the broad market is willing to pay more for a premium product or the cost can be reduced. It seems the silver 10x/100x project will help in this area; How much is TBD.
Those are my suppositions, and it makes more sense then just "Whitney is stupid". Maybe Whitney didn't forsee those three things in the beginning though; or thought they could be more easily overcome.
So if I could ask Whit one question it would be "What are the current obstacles to increasing sales and improving the manufacture and distribution chain."
Follow-up question would be "If you can overcome these obstacles what is your plan of attack to acquire more market share"
