We all know the reason for the share price fiasco now. Not cos of Phipps. This is where I offer up an unbiased view and say that share price dropped due to unwise signing of dumb financing contract. That person or persons, I agree, should be accountable to shareholders for the massive dilution and share price drop that that singular dumb decision cost shareholders who were unfortunate enough to ride that down. I however, am thankful for the opportunity to buy at this ultra low valuation that his dumb move caused. However, I believe we still need the dude at the helm to see if we can catch big mullah fishies, which may reverse and overshoot the effects of shitty financing.
Let's wait till I think first quarter of next year to see if any substantial orders come in after these extensive tests all over.
If they succeed, we succeed. Even you, Acumen, if you hold shares. If they don't, hmm.....then you can say all sorts of negative things again justifiably. Things hang on the balance for us. I would put chances of step up ordering at 70-80%. In other words, I remain hopefully optimistic since no bad news as of yet with regards to equipment....and we seem to have at least 3 ongoing evaluations by separate parts of the army. So perhaps chances are they WILL get something....how large is next step is the question. And I hope that is large enough to bring us to profitability at the very least!
