There are lessons to be learned, and I hope that Likhitha and Kautilya are learning them. Since they represent the future of this company.
I have told them many times, when you give us target dates, then you have to deliver at least 50% of the time. The way things are now, they have a "success rate" far below 10%. It's a good thing we are not (yet) a publicly listed company because investors would not tolerate it. They vote with their feet. And the result would be total destruction of value while the stock drops below a P/E of 1. It already happened to ITUP in the past. Exactly for the same reason. But we are MyCow now, a private company, so they can still get away with it. For now.
That said, the token sale involves a lot of work to set up. It's not easy when you are selling 2.4M x 5 x $18 worth of tokens to thousands of investors. That requires quite an organization. I don't even want to know. So we hope they can deliver on time as we are dependent on the buyer. The good part, they have an incentive to move very fast. So one has to assume they are working very hard to get a result, on time.
We should get another update later today.
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