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Slojab

09/04/17 3:09 PM

#20270 RE: cwwolverine #20269

Berthold was always was involved in RD, working to develop products and technology to bring to the market

And the results were no sales and no revenues, which resulted in a declining sp throughout his tenure and shareholder's money lost until he gave up and sold out.

If all he was interested in was R & D, he should have gotten a job at North Carolina State University instead of living off the shareholder's dime.

Bottom line is that shareholders are no better or worse off now as they were back then. Same play, different actors.

Wazer

09/06/17 11:40 AM

#20291 RE: cwwolverine #20269

From I read...Berthold stripped the company of all assets...and left it with a legacy of debts. Seems like he borrowed money form everyone and pocketed the cash. The stock wasn't,t trading and was at 0.0001 when the new crew came in.
I think this is Toxic and even if the new administration had products and technology lined up...I doubt they will be able to salvage all the garbage left behind by Berthold and Co.