A RESPONSE
Rule #1 in investing is: DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE
Yes, but shareholders have rights... if they have been misled about the commercialization program/timeframe then they have every reason to raise concerns / be angry
Retail investors/institutions will challenge management teams, boards of companies all over the world if they feel there has been mismanagement, lack of transparency, broken promises - REGARDLESS of whether they can afford to lose money or not.
You think the small shareholders and pension funds are happy with Boeing at the moment?
Management/Boards should ALWAYS be accountable to investors in all companies whether they are as big as Boeing or as small as SMME
"I wonder if anyone knows how long it takes and how much it costs to bring the "described" Credit/Debit; security card SMME says it has developed to market?"
Well clearly the answer is about 10 years longer than first promised!!!!
"As for what Chaya has been allowed to receive as compensation, with board approval, I don't care if her personal wealth surpassed $100 BILLION"
What do you mean board approval? You mean Chaya herself deciding what she will get-- she is the board -- she has and will likely always controls 51% of the voting rights
I think the average SMME shareholder would be happy for her to get very rich but in a way that fairly compensates all of the shareholders who have given the company $26 million to spend on this 15 year story
There may well be a card that works that may be on the cusp of being commercialized-- the fact that the stock has fallen from $1.00 to one cent tells you very few believe it and most of the existing shareholders have given up
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