Sunday, February 03, 2013 11:30:44 AM
The dalliance with other companies (with dubious principals) cost the company, shareholders and officers big time. $m in acquisition costs, $m in audit fees, $m in legal fees, millions of shares of dilution and if it didn't matter what people thought then there would never have been a need for a $0.50 raise just before the SEC agreement was announced.
During the whole of this time the company has not been able to post a single long term (one month +) period of production for either of the processors. The saving grace is that the company has survived in the face of such tough times, has continued to improve the proceses, has a long term partner and if and when the revenues and margins get anywhere close to what has been indicated the problems of the past will finally be put to bed.
Let's hope the CEO promises made come to fruition and there is not long to wait now. I have to say while that would be great economically for me, this board will be deadly boring afterwards with nothing but good news to discuss...
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