Okay, one last comment, then I will be quiet. First of all, it is not a crappy Company or crappy products. I can even praise some of the drunk sailor spending to build the aggressive brand awareness. But you can't kill your shareholders in the process. And right now, the management has killed many of those loyal to the stock.
I will ease out of the balk of my position. But I own around 15 million shares, and you can't just dump it in a week. Long term I think the Company will do great; I do not believe the investors will do good. You can model many scenarios and you can see where the management team will do fine, but this stock within 3 months will be diluted 2X the 750 authorized today. Do 10 times earnings and divide by the shares, and it is a tough road to get much price appreciation.
I think the revenue will continue to grow rapidly for a couple of years especially if the international expansion is successful. But those earnings will never catch up the dilution. A reverse split does help the dilution. The only reason you do a reverse is to try to qualify it for NASDAQ.
I don't bad mouth the stock to be a jerk. Sites like this have many real investors, who can rally to demand management to look after the owners/investors of the Company. Otherwise, there is not accountability or check and balance.
At a minimum, the management team could communicate it's strategy. Or even lay out a time line when it will be communicated. And zero response to many questions directed to the Company is a very poor practice. You don't have to answer all the questions, but you do need to respond to your shareholders. Which takes me back to my first comment, management has not showed much regard to us Long term investors in the Company. And trust me, I will hold them accountable.
