So you have set your sites on Q1-11 for CFP... why not Q4-10? If it isn't Q4 then DC has mislead us ... again.
By my guestimations, ERFW needs to increase their top line by about $7M/yr to go CFP... that is real close to a double from last quarter. Somewhere around $1.1M/month total should be the magic number. If that happens Q1-11,are we in "great shape"? Don't forget that if we aren't CFP in Q4-10 (very unlikely after the Q3 results), we have to do a little reality check here. For years now we have been sweeping deceitful, misleading, far fetched, untimely and blatantly false statements by the CEO under the rug. With the PR pipeline nearly coming to a standstill, its as if the CEO has crawled under the rug too.
It is hard to ignore the big elephant in the room; how long can he hide under the rug. We all know that he is there. Is he going to come out with the big summer announcement that is many months overdue? Or did he want us to believe its going to be next summer that a major announcement is coming ... remember the end of the CC when DC said a major announcement that will change the O&G industry is coming before the end of the summer???? My summer tan has faded long ago. Is he going to come out from under when ERFW turns CFP and try to baffle us with all kinds of excuses and clever diversions? Is he ever going to look at this company and realize either he or his upper echelon aren't doing their jobs? I'd like to read the upper management's reviews to see who isn't performing. I'd like to see what the upper echelon has to say about DC's performance. Something isn't right and it should be fixed before we run out of rope.
Maybe, instead of a new CTO, DC should be looking for his own replacement. Is he man enough to stand up and admit he was wrong? Is he willing to do what is best for us and himself as the major share holder? How many times have we heard that the inventor wants to run his own company? It never works. Lab rats should stay in the lab. Experienced management should run the company. Dumb or smart, most rats chew off their own tails to get out of a trap... maybe they should just learn their own limitations and in this case, ask for help from a seasoned professional. This is getting ugly.
A1
