Thursday, March 22, 2012 9:52:38 AM
The institutions will ignore a penny stock anyway. They have enough money that they can wait until it establishes a track record, and share price first. They are only interested in performance. Suposedly they will meet with the management team of a company that is looking promising, and when this point is reached we should be good to go. I just pray that the window of opportunity remains open long enough for our management to get things going on. Even if they were to look at us in this current stage of development, when they see the lack of sales, reporting, etc., they would quit looking until we get straightened out. And as far as it being some ex CFO that messed up and didn't see to it that the reports were completed, the buck stops at Squires. In my company, if things are not getting done, it is due to lack of oversight on my part. Actually, I look at it and see that the reporting was not supposed to be done, and it wasn't. SS had his reasons and we are left out here to wonder and conjecture, but we will likely never know why we got behind. I bought into the stealth thing as a reason for their silence, until reason dictated to me that any competitor that cares to know, knows everything we know, and much more. So the stealth argument to me is a moot point. Not needed, not a strategy at this point. If they were doing things the way they are supposed to be doing them, any research, sales, agreements, facilities, etc., would be legally reported and known about by anyone interested. They can't hide daily business in the name of stealth. Stealth is for different things and different circumstances. No matter where one is at with the politics and beliefs in environment issues, etc., Obama is trying his best to push solar, and Solterra is a solar company in need of funds. Will the funds come with too many restrictions for us? I don't know, and no one else here knows most likely. But is this an avenue that management has pursued? No one nows that either, which makes it that much more difficult to swallow that we don't have any money yet. Or should I say, as far as we have been told, we don't have any investments yet. I sent an email when I first bought this stock inquiring as to whether they had considered looking at government grants for R&D, which was a big deal for Obama, but I got no reply. Businesses get government money every day to get going, and that money is out there and actively being given away for solar. I think we might be cutting our nose off to spite our face to not get all of it that we can. I see both sides here. I am still accumulating when I can, and will hang on until I make it or I will go down with the ship. But I also evaluate what I learn for what it is worth, and I see where one can get very aggravated with the way things are going. This is a real emotional roller coaster, but we are not supposed to invest emotionally. I appreciate the loyalty of Crunch and DD, and I appreciate those who try to hold the company accountable. I think that we should question every single thing that goes on in this company. That is our right as shareholders. When there is no accountability then there is corruption, in every thing, at every level. I think that a campaign of emails requesting answers to anything we want an answer to would be one way to get them. I know that some of you do email sometimes, and get responses, but no real answers. Just remember, if they were doing what the rules say, we would have these answers, current until the most recent Q. I don't see anything wrong with a policy of requesting, and requiring, the answers be given to us. At least with respect to the knowledge that we should already have. And if they don't answer one, maybe they will answer ten or twenty of us. They know what is going into the 10Q's, and it doesn't take them a year to catch them up. I think everyone here would like to have answers, and unless someone can show that something is wrong with asking, I don't see anything wrong with demanding the answers. Just my two cents worth, and still holding and accumulating.
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