Absolutely spot on. For the last 2 years Shandong and this failed and incompetent CEO both slept. And now in next 2 months when it’s ‘show’ time. He is asking for some more time by kicking the can down the road. Why should stockholders give him time till August to secure financing? What was he doing for last 2 years? He was earning his salary on stockholders’ equity dilution and then 1:800 RS. This failed and incompetent CEO deserves to be fired. Where is revenue? Where is net-income?
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