Great post tazinu, I appreciate and agree with your well articulated thoughts and practical approach to achieving results from business initiatives.
It is normal that delays are encountered in a business. However, based on the PRs communicated to date, it is understandable that one would wonder about the closure on the projects announced to us so far by BLDV.
I think one of the key goals that BLDV has communicated before is to build revenues. Understanding BLDV's business model and how far they have come from turning BLDV around is also important as they try to build revenues in each of the three lines of their business. This is not easy to do especially for an otc ticker. The financial statements filed in the future will indicate to us how successful BLDV has been with the revenue objectives.
However, as shareholders we are always looking for results now and big hit PRs to help propel the pps. This is a conundrum that is not easy to live with depending on your investment horizon.
I continue to educate myself on Warren Buffet's approach to building long-term wealth and I watched the CNBC interview with him earlier this week. The parts of the interview at 1:47, 3:15, 3:32, 4:58 and 8:29 helped me put into perspective business efforts like BLDV's to build operations and returns versus my dilemma as an investor to naturally want the pps to rise. Patience and a long-term investment horizon is the key ingredient for long-term wealth building that does not work for everyone, especially that BLDV is not a big board stock:
Connecting this long-term investment approach with stervc's post below helps me be patient in holding BLDV, this may not work for others: