Friday, July 26, 2013 1:38:49 PM
Absurd doesn't exist. Why you guys hang your argument on these silly ideas is beyond me. Try arguing the company facts which is easy to find and shows clearly that company has not been able to monetized diddly since its inception (late 90's!)
There job is to execute a business plan which brings this technology to market for benefit of its shareholders. The have have been woefully inadequate at doing so. I will be the first to admit they have been wildly successful at continuing operation by getting investment. This is obviously management strong suit.That doesn't mean they are right for launching a new technology into a difficult market. As a suggestion current management should consider transitioning to private placement stock sales while a new qualified management team is brought in to manage the launch/manufacturing/distribution of its products. Not many BOD would keep a CEO in place after 5 years of Zero revs. Especially after he himself promised profitability in 2009. If longs want to prosper and the technology REALLY DOES work you will need a new team. These guys are the old guard and they have a lifestyle to protect.
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