Well, unfortunately, I’ll be one of the ones who “goes down with the ship.” My average cost basis is under a buck, so I’m letting it ride in the hopes of a buyout for the IP portfolio (I don’t make predictions generally, but the one I made was that the IP buyout would be between $8-12. Sticking with that prediction, albeit a bit optimistic.)
It will be interesting to see how long Lebby can go without giving investors the facts they are owed as “owners” of the company. The noose is tightening; and every bullshit statement made by this evasive and objectively unqualified CEO will be carefully recorded by those who aim to hold the BOD accountable for the company’s failures.
We’re in the final stages of this saga. It can’t continue much longer without objective commercial progress. I hope for a positive outcome, but the realist in me thinks the contrary.