That would be nice if they would respond. I've frankly had enough of the cheerleading. BTW, to fatcat, patents are in process, thats not the issue or problem.
I fully agree with Mojo's recent posts on this.
The problem with this speculative stock continues to be the lack of informative updates and consistent communication from the company. I no longer feel enthusiastic, encouraged or excited by the potential.
Newbies and interested potential investors - there has been extensive and accurate DD done by many longs here, the fundamentals related to the ultimate goals are strong, HOWEVER, you are investing in a speculative "research project" run by one individual with little "preceived" concern for investors and an extremely large amount of shares of stock available for dilution to keep the lights on or pay for "consultants" like the current company's IR person/contact, who is in all reality, a non entity and this does not bode well for me. How many millions of shares was he given?!!!
I have been in this stock as a long well over a year now and have a substancial amount invested, the assumed potential ROI is still great but - after hearing the same old same old and considering what my investment could be making in other areas over the last couple months, I think 15 months may be it for me. Even at the current money market rates, at least I would have had something rather then the continued pps decline due to "nonews is good news" approach. We have "assumed" updates or news would be out, much as in the past, it ain't happening again.
THIS IS THE PROBLEM AND SHOWS A PATTERN.
For those who cheerlead the CEO and his approach, I would suggest rereading some of Mojo's (and my older) posts, there is a problem here folks. Mojo may not have done his DD, but his preception and opinions in most of his posts make for "common sense", he is not bashing outright, just saying..... something to think about
Barring any change in the upcoming week (which I won't hold my breathe for), I am joining the others that have decided to move on.
It is a shame that an exciting and potentially material changing concept like this has been beaten down by a (my opinion) bad management approach, not by the "shorts", MMs nor by competition. I have never been a cheerleader like others on this board for the CEO, I truly believe he HAS NOT done what his responsibilities and duties require for the shareholders. Yes, he is taking care of the company (should since he holds the majority of the stock) "his way", but we are treated like chumps and second class investors.
A CEO should be the dog and pony show leader, and should be exciting all the shareholders and potential investors. Instead, well you all will read it the way you want to, I'm done this week.
I will quote another long from a recent conversation - what is going on in respect to the shareholders is "abusive". Mr. Thompson, please take note.
I have appreciated all the hard work that the longs, especially Manshoon has done in DD and trying to keep us informed (without compensation, too bad the company's IR can't do the same) and wish you all the best.
All my opinion only.
glta
AI
