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Re: EarnestDD post# 42132

Wednesday, 04/04/2012 12:01:54 PM

Wednesday, April 04, 2012 12:01:54 PM

Post# of 94157
Yes, only he knows and he said he worked on the new product for 3 years part time. Some of that time even without the help of Design1st. Don't get me wrong, they absolutely took forever on this thing and they absolutely put out PRs with deadlines that then did not actually materialize. The longs are in no way saying the company did great. But to say that the AMF actually has anything at all against them or to say that they have been working on the product 8 years or that this is a scam is 100% unsubstantiated. Just like there isn't much proof right now that there is a product there is also not much proof at all of any of the negativity being pushed around here as fact. And the fact there has been no dilution of any kind and no volume for a long time makes it statistically more likely they are just a small, possibly somewhat incompetent, company rather than some super elaborate scam. Which in turn makes it more likely that they will actually have a product eventually.