Specbidder, sadly, I can't agree with either of the following assertions:
1) Larry definantly is a great wheeler dealer.
2) If he comes thru with dalian ... all will be forgiven
re: 1) While I agree with Couch that language barrier, SEC suspension, etc... are all significant hurdles to efficiency, Larry long-term silence, shrugging off of timeline slips, and general "be patient or hit the road" attitude are in no way professional.
As a software developer, I face all kinds of unexpected hurdles under stress and deadline. If I treated my clients the way Larry's treated us, casually missing deadlines and not explaining my status, I'd have a lot of free time on my hands right now.
The explanations of delays make sense, but the overall track record is rife with miscalculations, some as simple as blowing the NSS divi squeeze simply by not making the ex-date clear until it had already passed. And his recent PR silence allows everyone to ponder the worst, playing into the shorts' hands.
re: 2) Sadly, per above, it seems Larry has permanently lost the confidence on most folks that follow this forum. If Dalian comes through, those who have held their Soma may get a decent return. Unclear how EQBM will fit into that picture, if at all. Meaning, those who have EQBM and either sold Soma or never had any will likely not feel very forgiving.
I'm still holding both for the possible resurgence. But I can't see myself investing in any more LS companies, regardless of how promising they sound. And that sentiment alone (shared by many here) tells the whole story, in itself.
Onward, and hopefully upward.
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