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Retire43

01/07/15 8:12 PM

#5987 RE: LittleMissUnderstood #5986

Yes. We have to have funding to produce some cards. New to have cards to demo them!
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Macrobull

01/07/15 8:50 PM

#5988 RE: LittleMissUnderstood #5986

LMU,

The question is why is the funding failing in the USA?

Is it the company structure which deters would be investors?
How are the voting rights structured?
Who monitors the spending?- $ 20 million has been invested - how much is left?
Can a working card be demonstrated?
If I were a major potential investor, they would be my first questions.
I think the existing pool of investors are beyond their threshold of patience and have no will or capacity to further fund the company... because there are only so many times you can hear " Be quick this is the last round of funding "
If there is a working card then finding the money should be a slam dunk.


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pottsville

01/07/15 9:47 PM

#5989 RE: LittleMissUnderstood #5986

Thank you LMU for your insights.

Our most frustrating aspect in possible solutions is the absence of a CEO at the coal face with us. I would have added to my portfolio if I could have seen some demonstration of loyalty to we investors. In anything we do, we need to earn the trust of those who want to believe in us. We have all screamed for something to give us encouragement, to be supported in our belief in the technology and to reassure us our investment is sound.

To develop a card such as this requires a high degree of intelligence and a knowledge of electronics. It appears we have such an individual among us. How then can someone with all those skills be so blind as to not realise that to promote the resulting achievement needs a special approach to selling this achievement. Watching some unconvincing guy unconvincingly try to demonstrate the card and not even able to concentrate on the camera without darting his eyes to the side and looking silly is not the way to do it. And, then to put it on the front page of the website is appalling. Added to this we see a slick video that looks more like and introduction to Lord Of The Rings movie that says absolutely nothing except a whole bunch of credits at the end to Chaya Hendrick.

If there is in fact a card that does all it is supposed to then we need find out why it is that we can't raise a measly couple of mill to go into production.

WHY WHY WHY....