For those who read the Company's financial statements you will see that there is no cash.
I'm sure management is more than eager to hear of sources to borrow funds to keep the doors open at rates chaper than those being charged by Asher that include the associated stock conversions.
With resources being limited (read the liquidity and capital resources section of the 10-Q) there aren't all that many options at this point in the Company's financial situation. Promoting the stock (which is illegal by the way) may not the best place to use limited resources. Perhaps the purchase of more product to sell (at a profit) might be a better use of precious capital instead of investor relations although in the short term it may not be what the shareholders may want to hear?
Management has not given up the ship, is staying the course, and continues to be committed to making this Company a success.
The only way this company is going to be a success (a.k.a. the stock price go up) is to become profitable, have positive earnings, and have a "real" story to tell not by pumping and promoting the stock.
The financials are there for all to see. If you don't like them (or the performance of management) you can vote management out and find another team who is willing to continuously try, day in and day out, to make this company a success (with very few resources). Either that or sell your stock and move on. The largest shareholders are not management. All the largest shareholders are listed in the 10-K. Give them a call or write them a letter, have a shareholder vote, and do what you feel you have to do. But stop with the threats and accusations.
But enough of your "rants". You're absolutely right, they have no effect and will get you nowhere. The may arouse a reply, but I suspect nothing outside of what you read in the filings will ever be revealed. As a public company, management's hands are tied in many respects on what they can and cannot disclose. That's the way it is.
Management are also stockholders and you can believe that they are not happy watching their personal equity also being diluted due to having to issue stock to raise cash. All stockholders are treated equally.
Remember, it was only a few short years ago this Company was 4 or 5 million dollars in debt and had NO business. It is making progress albeit not as fast as some, or management probably likes.
Those are the facts. Like it or not.
AI
