I'm sure I'm going to be called a "Shorter" even thought that isn't the case, but Ldcfo a company that is looking to ramp up capital should be trying to put its best foot forward. I'm sorry to be such a downer, but I'm having a really hard time getting over the amateurish website and the lack of "wow" management bios.
If the product is all that we hope it is they should not have a hard time attracting stellar management talent with top notch government contract and product to market experience. It might take nerves of steal to stay in this stock, but I worried the "smart" money is leaving.
I don't know whose account is true of the recent "test" at GE, but there is a huge difference between being invited to showcase a product for interested GE execs and engineers or, as one contributor reported, going to a rentable test center to utlize GE equipment to test electric loads on your product. I don't know which occurred but if it was the latter I have a huge problem with how Borque management portrayed this "test" in there most recent press release. It calls into question past press releases and tests and makes you question management's integrity.
I've heard many of the truest believers report that Mr. Borque and the company's management don't have time to slow down and attend to details such as reporting, marketing, etc. but a company with a market cap of between 60-500 million should be able to attract stellar management talent and develop a website that doesn't look like a 6th grader put it together.
Slam me if you will, but I want to believe and will happily eat my words and offer apologies all around if this ship turns around with a major contract, NIJ cert, or hard product orders, but as of now it seems time to be wary.
