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emptyone

05/09/18 3:03 AM

#137655 RE: snow #137654

Purely my speculation but it appears that the Company is now using Garrett as a PR method to stem the loss of daily market value. Well first i am disappointed (if true) that Garrett would allow himself to be used this way when in fact he should be aggressively seeking to formulate a better Plan for the company and pushing then to hire professionals. My discipline says unless Garrett steps up and buys more I remain sitting on my hands. If he won't buy more, if management won't buy more, why should I.
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GRDTRI

05/09/18 5:58 AM

#137667 RE: snow #137654

Snow


Thanks for your correct insight. Many entrepreneurs fail at many business initiatives. It is only such failure that informs and teaches the lessons required.. trying to tell an entrepreneur before his experiencing failure to stick to ONE core business and don’t stray , is very rarely listened to advice. Look at the silliness of decisions and fof all the really driven entrepreneurs and there is a painful library of failed business ventures outside their core compentency. In our case the consequences have been devastating to stock price, dilution, for shareholders. Painful lessons learned indeed by the entrepreneur , at our shareholder expense. Maybe , if there ever is really true executive management hired to run Triway, ( still a big risk ) , will that company not venture away from fishing. By understand , I rarely met any Asian executive that don’t stray from their core business it is a illness of mindset in Asia to always go into far away business with shareholder money. So this remains a key factor of risk