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JoseSD

11/24/15 11:48 PM

#51461 RE: drugmanrx #51459

I believe the 2nd acquisition question can be solved counting with MD Energy acquisition this year, in March if i'm not mistaken. That with Elite makes two for the year. I haven't seen anywhere that there would be another one on top of (after) Elite this year....

All the other questions....very valid.

Personally...i like people that questions stuff. I believe this is the right forum for that opinion exchange...

Sometimes i also wonder where is Changwan Son...wth is he doing if cell is not the priority? His LinkedIn profile still says he is in charge of research for SLTD. Working in battery storage tech? Cell improvements? Not sure...

Chiinkwia1

11/25/15 9:32 AM

#51475 RE: drugmanrx #51459

It is very apparent that you have never been involved in a startup company. From the management side that is.

If you think that a company lays out a five year plan and never deviates from it you a very much mistaken. Successful startup companies must always be ready to throw out the plan and write a new one on the spot.

Take a kook at Southwest airlines. Back in the seventies when we started out the intent was to expand service not only within Texas but all so to major cities throughout north america. Cities like Chicago, Atlanta Miami etc.

As we solitified service inside Texas we began planning the bigger expansions. The came Speaker of the House Jim Wright. In order to protect his buddies over at Braniff, also based in Texas, Mr. Wright attached an amendment to an aviation bill prohibiting SWA from flying beyond the five contiguous states of Texas. The boarder states. Not only that but we were not allowed to make reservations for anyone who planned on connecting with a carrier that would fly them beyong the contiquous states.

In answer Herb Kellher, CEO and a lawyer. Set out to buy companies like MUSE air out of Chicago. Service to all cities we served was expanded to minimum of Five round trips per day. Major hubs like Huston and Dallas were expanded to twenty round trips per day.

Braniff went into Bankruptcy and disappeared. Texas Air went into bankruptcy and disappeared.

Due to quick thing and quick changes of direction in that and other situations SWA is now the fourth largest carrier in the US and is the ONLY airline that has never posted a loss after Mr. Wrights intervention.

Flexability in startups is critical to sucess. Had you ever been there you would know that.

BTW. When the time was right, Herb went to tge Supreme Court and had the Wright ammendment declared unconstitutional. Speaker Wright retired from congress under a cloud of corruption.

Also, My common sense has served me quite well for many many years. Emotions never have a place in business.

PMrz

11/25/15 9:45 PM

#51490 RE: drugmanrx #51459

He already acknowledged there were unanticipated issues with bringing the cell to market. That's what's missing in your version of history. There is a significant possibility the cell won't see commercialization but you knew that when investing in a development stage penny stock right? There is also still a possibility it will. We'll just have to wait and see.