With all due respect to Lloyd Spencer and his staff, financial issues continue year to year to be an issue for the company. Fact is, at least as I see it, CoroWare just can't get over the hump to being self supporting. This may be okay for some investors and it is why these small companies become publicly traded companies so that they may have alternative avenues for raising the necessary capital. On top of that, management and employees have literally placed their ASKS on the line in hopes of one day succeeding with a very interesting and fun business model to work in. Nevertheless, cash strapped as an expensive hobby and the trading history shows that very clearly. Investors have lost here and continue to lose and will continue to lose for perhaps as long as COWI trades in the pinks. That is the fact of the matter and I would suggest that this is the discussion one should talk about with the CEO. Not saying everything about the people and the product isn't the greatest thing since peanut butter, just that investers may not survive the financial RS profile. It is truly an example of pillage!
I talked with ceo Thursday. He stated that company is having issues raising capitals. They are working on projects corocall and their working on a robot for agriculture needs. I failed to ask about share price. News is coming overall the company still in business but theirs alot bigger gone out business. TruDat WhoDat
And yes, CoroWare continues to survive in and through difficult economic times and in a very competitive market. Part, a significant part, of the reasons for that may be summed up in 99% shareholder loses. Check this out carefully and make your donation accordingly. In fact, if you wish to donate to CoroWare, why not do so with a check or cash in lieu of purchasing a worthless stock. Buy a robot or something!