InvestorsHub Logo
Followers 0
Posts 10
Boards Moderated 0
Alias Born 01/28/2014

Re: None

Thursday, 01/30/2014 3:47:01 PM

Thursday, January 30, 2014 3:47:01 PM

Post# of 43472
My background in tdcp. I first owned stock in 3dicon several years ago on a tip form someone i talked with on a web forum. I think it was mid 2008 and shares were around 1 penny, had somewhere between 100k to 200k shares. After the resulting dilution and loss of value I viewed those shares as a complete loss and stopped following 3dicon suspecting it would just be another penny stock to disappear.

Out of curiosity i checked in mid last year to see the series of Mark shareholder letters. This was encouraging to see some life from the company and began thinking maybe tdcp was worth another shot. I am still somewhat skeptical based on the lengthy track record of managements failed promises and missed timelines. I began to patiently acquire more shares while the price fell after the reverse split. Using the opportunity as i you have to lower the cost average.

Over the last few months this has resulted in a higher dollar value ownership of stock than i had back in 2008. It has become a sizable amount. Although I do not know what is considered a large individual ownership, with the new settlements, warrants and convertibles I am somewhat lost as to speculating what the total share count is.

I hope to meet other large shareholders who are interested combining resources to represent ourselves to management to encourage smart decisions regarding capitol and shareholder value, and encourage redirection of resources to engineering.

From my career as an electrical engineer in product development, I find it reprehensible that 3dicon has a ratio of 10 management team to the 1 engineer when the very survival of the company depends on the timely work of that engineer. I hardly find it plausible that the numerous tasks of building prototypes, technician work, board layouts, BOMs, software programming, supply chain, purchasing, testing, etc, etc is an efficient use of Dr. Hakki Refai talent and time. Is it of any wonder that timelines cannot be met when all these tasks are placed on 1 person?

The capitol is better spent directly towards the prototype development efforts than compensating a management team with yearly awards for continued lack of performance. Lets get Dr. Refai the resources he needs to build it, show the world, and it will sell itself!


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CRTG News