Per my last conversation with Saunders,he told me they are working hard to get things done. He said they will not rush things to move the stock.They will make sure things are done right. According to him,they have worked very hard and have solved a lot of problems and have come a very long way from the brink of doom on behalf of everyone invested
Well they should have thought about that when they all sat by quietly and let the financials get in arrears. They should have thought it about when they continued to let the financials slip further and further behind. They should have had the foresight to find out the requirements for removing the DTC chill well in advance of the financials being updated. If you are comfortable with how they have handled things more power to you. I find it very disturbing. High school students could run a company better. So until they prove to me otherwise (their own personal investments notwithstanding) I will continue to have concerns. And their unwillingness to share ANYTHING of value in terms of what is being accomplished only feeds that concern. What are they hiding? What are they not telling us?
We have watched this company fail to deliver on simple things for over 7 years. I cannot name one time NOT ONE since Chas has been here where they met a self imposed deadline. Guess what - Companies have deadlines all the time and the good ones meet those deadlines. And frankly as long as the shareholders sit back quietly on their hands and let the company get away with this then it may continue. I don't want to be looking at this in 7 more years wondering if they are ready to roll out. In my mind they have a very short leash. I would rather they just call debeers and offer them a deal on the patent then squander things do to incompetence.
I will push the tech all day long and not be a downer on its potential but I refuse to cheer lead or cover up for a management team that continually disappoints. These guys are terrible and until they bring in someone that understands how to manage a company, set project milestones in place and meet those milestones and show steady progress I will continue to have concerns. Proof is in the execution and all these guys have been able to do is get this company in one difficult situation after another.
News 
Market Data 
Discover 
