Problem from day one!
Back in 2010 we all got duped into thinking that this company was actually making money and if they were based on the balance sheets then switching the management team was the worst move that this company could have ever done.
However, the way that we really got to do was we all thought that there was something proprietary about there auto cleats system. I should've known not to invest in this company being that I was previously a pharmaceutical sales rep for a company.
This industry happens to be the easiest way for corporate America to extract money out of every day investors who are not involved in the industry and do not have the knowledge of the product itself to gain an accurate assessment of the potential future growth. It's easy to make their system look great on paper with crossing your T's and dotting the eyes when it comes to selling the public but I would say when you have nine contracts that are pending obviously there's competition, and the truth of the matter is is that the competition got the deals and not medclean. We don't even know what stage these contracts were in negotiations. For all we know they could've just made a phone call and set up a meeting with a potential client that was still going to meet with three other companies including Stericycle or waste management.
No wonder why the management team never told us what companies they were in talks with. The reason for this is plain and simple we would all be able to see which competitor actually got the job.
Hayden IR may have mentioned that Lakey doesn't sleep, and that's because he knows he isn't going to be able to suck more money out of us.
Therefore, by keeping utter silence it leaves us normal folks in the blind, crossing our fingers, thinking that there is no way we can go 0-9!
We all know what happens when you go 0-9. You end up riding the pine baby!
It's like the old saying, it ain't over until the fat lady sings! I can only pray that Laky has the strength to tackle her one more time that she steps up to the microphone.
Warm Regards,
Bruce All Mighty
