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bucks2pennies

09/05/14 10:35 AM

#2344 RE: Parapraxis #2343

I am not of that opinion. IMO, the product potential was so great, management had stars in their eyes. Expected to be gobbled up by some big boy with deep pockets...pay dearly for the "potential" they would have to realize through capital investment. In and out millionaires for the original management crew.

Didn't quite happen that way. In their lust for the gold, management did not dot their Is and cross their Ts. Bum deal all around. Truly mis-management. Was not ready to rock and roll. Needed time to establish their worth. Didn't happen, but could have. Result, low-ball buy-out...investors got screwed.