Yesterday’s PR and Q4S posted 2 emails from Ben..... “Company is likely to supplement additional population. “
Given yesterday’s PR and the fact that they didn’t ship cocoons as was PR’ed..... obviously Very cold temperatures hit and they were unprepared to protect the worms. We lost some worms and Mulberry was unsatisfactory.
So now we’re gonna ship more eggs and begin again.. that’s the 30-45 days..
Shareholders can demand all they want but truth is the shareholders don’t matter and are only Knats buzzing around him. He’s like a dictator; cannot be voted out.
Kim Thompson has twice now pulled the share price down by his own actions... the first time on the RS announcement 30% down... the second time announcing he could not make the shipment, another 30%
This man has to realize he is way out of his league and should have turned this over to seasoned professionals from marketing to production... people that come on the Shark Tank took an idea made a creation and then look for professional help to get it off the ground ...that would have been a good idea in this case
But when you have the arrogance of this man that tends to get in the way
I remember back in 2011 I believe he referred to this as "HIS LADY TIGER" and boy he wasn't kidding
His communication about the R/S broke our uptrend, failure to foresee producing in winter enforces the downtrend. I demanded more information from them, maybe we all should!
Nearly 8 months ago and company has provided nothing to shareholders.