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namtae

11/18/14 10:48 AM

#20562 RE: Jason Coombs #20560

One thing is certain for Livewire shareholders. Management is what they are, incompetent & amateurs imo.

Expectations have to be commensurate with the degree of talent/expertise available. There's a body of work that suggests expectations are wildly out of proportion to the talent & expertise available

Analyzing your investment with a bunch of "ifs", if the company can sell product, if they can raise legit capital, if they can change from dishonest to honest, if they can build another business in China and so on is an exercise in futility.

Six years of complete failure is the answer to all the "ifs"