It doesn't excuse them from anything. You are right. It's a legitimate reason for concern. However this is a brand new public company, and if you expect to just waltz through penny land and pick up one golden ticket after the next, especially in R/M land, you are sadly mistaken.
From a chart perspective, it's a beautiful base formed right now, however they need to deliver by tommorow at 4pm or we could see below .002x's for the first time. Keep in mind current assets are above our market cap even at 5 billion O/S, so we are still very very undervalued. What we really need is investor confidence to be transformed, and its not surpising that these guys are experiencing growing pains with the amount going on right now.
Lawsuits, ticker change, orders to ship, orders to fill, 2.0 lineup launch, south american expansion, IR, new carburetor component supplier.. the list goes on and on.. its not like they are sitting around twittling their thumbs, they need the PPS UP to make money just like the rest of us guys. Sheesh.
FYI: I'm honestly grabbing another 750k once my work check clears. This is my biggest play in 1.5 years of trading and I'd rather have a shot at an easy 200-300k over a few months than let emotions get the best of me on what appears to be a bottom
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