Read #3 on my post. Everyone can remain optimistic. But how Alex can put out a PR about not making a catastrophic mistake moments before the finish line (finish line for what btw??) And then issue shares at a 50% discount to pay the debt is crazy. If that's not a catastrophic mistake then I don't know what is.
Every single shareholder in the companies history (except Northbridge) is negative right now. 5 years of work... After 5 years if you have lost value for every single shareholder who invested in you, you should be replaced. If an ETF manager lost money for every single holder of that ETF they would be calling for his (or to be PC Her) head.
If I ran a private company and didn't pay my debts I'd be out of business.
Alex has us to foot the bill for his mistakes. His catastrophic mistakes that is hurting shareholder value (to use a line from his PR)
This finish line has been just a little further away forever. There is no way to uplist yo any exchange except to dilute more raise AS, dilute more, raise funds, RS for 1 for 5000 and there you have it, all obligations would be met for uplist. And all of us are wiped out. Alex still has control of his company, and still has his shares. And we are just the guys that helped fund his figure out how to run a company stage that now have a 10th of a cent for every dollar we put into this.
If there are no large contracts announced in the next week or two, or an announcment that we are being taken over by a more well funded and structured company with a promising BoD, we are toast. To many flippers now. And nobody trusts this company. He has lost a lot of credibility and trust, and is looking like the typical pink sheet CDO. Chief dilution officer.
Imo.
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