I'm angry. Like some other folks here I had more than money invested here, it's embarrassing to admit it but I fell in love with the story. After several years, signals from the company were mixed and not favorable so I sold. No hard feelings.
Since 2016 he's been a good salesman telling everyone how close they are. Never got there but ok he's doing his best as the company adds 16mil shares a year. No big deal.
Then he went ahead with the merger which he claims to have had doubts about. This decision did real and permanent damage to everyone's investment, 130mil shares added!
I posted last year when Mark's loan was coming due that he would never have it repaid before the big F. I was wrong, Yorkville$$ he took. He called 2023 disappointing. Then as the everyone's investment was tanking he took a raise, bonus, and his biggest stack of options so far. This has caused to me to look at all his claims and missed timelines over the years with a new perspective. I recommend looking back at old NRs and interviews. Like what I posted earlier after the shelf offering 2.5 years ago
Smith says the group is feeling comfortable about the momentum the group is building on the debt financing side, while the shelf registration, he says, will open the door on the equity side, where he says the group is receiving 'tremendous interest' from institutions already.
Look back at his track record here, still trying raise money for an FS?? How's IBC doing? Good last quarter, next 2 look good, then a cliff. Share price reflects that.What are his money making successes?
I left the building sure and I'm lucky I got out, but I'm still pissed he set fire to it. I could have easily been burned too. You seem like a good dude Greg, hope you don't get burned too badly. And no, I'm not buying back in.
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