Not sure I agree that cutting Clipstream was the right thing to do. With the gift of eagle eye hindsight, raising capital while shares were $2+ a pop and getting the resources to invest proper time and effort in both product lines would have been best I think.
Its neither here nor there at this point though. I agree that Fred's complacency is VERY worrying. I can't imagine that he would be that nonchalant without having the major investors on his side. Makes me wonder if there are things in the works that they aren't telling us small fry. If I had big bucks into this train wreck I'd be shopping for a new CEO if I kept getting the same thing over and over for a year and a half while nothing materially changed.
Anyway, that's my bet and why I haven' liquidated at this point: either Fred is on his last legs, and will be replaced with a hot shot outsider (maybe there to sell the company) within six months, or there is something in the works that will move the needle.
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