However, also UP almost 40% since July 1st, so we had an uptrend that did finally break down; now we have signs of building another uptrend... and we are still waiting on the big news and analysis of Black Channel and then the new channel. So, is the glass filling or is it emptying? That's the thing about trends, they are measured by time and circumstances... now we'll see if this one slips or is truly the baseline for recovery.
Virtually all successful grassroots start ups have a period of prolonged negative cash flow while the efforts of management and venture capitalists help to establish a basis for productive business. During those difficult times it takes fortitude to persist. Many investors that once believed they had the persistence and fortitude will instead fall away to discouragement.
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