Lol, I am very likely one of the largest count shareholders on this board. I believe in the company long term, but everyone is cheerleading a share price catastrophe. If you are ok with Alex wiping all gains every 2 months, and creating more and more flippers, that's up to you. But I'd like to see us actually maintain share price and maintain real shareholders.
This will get pumped back up, no doubt. And then .007 will hit and it will collapse again and more shares hit the tape. We have increased our AS 150% and our OS 300%. Alex is killing us and everyone is still happy.
Why would he not pay back next cast for a year?
Why did he have next cast manufacture so much product that isn't for sale? Even if it was for testing purposes you would make maybe 100 of them, not 8,000. So that means we have $345k of product on the shelf somewhere that's not being used and we are now being diluted to pay for it.
Why is he talking about a buyback when we owe people money that's not being paid Back?
Why are we building a new office over the course of 5 years? Are we going to build 2 rooms a year? Whatts wring with the current set up? Where's the money for a whole new "corporate headquarters" coming from. It sounds great, but it's odd to build a building for 5 years. And we obviously have no money so...
Why did we manufacture a bunch of UBRs and again put them on a shelf when there is supposedly buyers for them already? Sell them things and get some cash flow. If they're already spoken for then we can get them out there and get reviews and feedback on the design. If you're worried about someone using a weapon in a harmful way and that's why you won't sell them then get out of the damn weapon making business.
We are wasting money like crazy and all we get are hints of what's to come. All in all at this point in time all we really have is a sock. And hopefully at the end of today, a clean balance sheet.
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