I think technology has changed a lot in the last ten years. What this company is doing now may be different than what they were trying ten years ago. Research and development of their current technology may take more than 18 months.... I simply stated 18 months from what the company mentioned it was taking them for a city build out. More than just time is needed for such an undertaking... Funding is needed as well. With limited funding, as is common with penny stocks, even more time may be needed than originally forecast.
It seems as though there are investors in this company who feel they've been lied to or played. But then those very people may have misread or misinterpreted company statements. Announcements saying they are in talks with different cities does not mean deals were made.... For example. All investments involve risk.... Penny stocks more than most. But with those risks come the potential for great returns. If you think complaining is going to "help" another investor... I think that thinking is misplaced. The types of ranting on here offers no proof... Just angry rhetoric which comes off as being bitter. Have they contacted the city of Columbus Ohio? San Antonio? Have they contacted the FCC to see if licenses have been issued? They might just be surprised if they did.
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