You and I share the same values and instincts. Like you I am not trying to find things to bash this stock about but rather understand the underlying causes for its lack of balance sheet progress. NNRF does not have to be showing that it made 30% gross profit in Q4...But they should at this time be able to have inked large and repetitive contracts for their proprietary products and any in-licensed tech.E.G. NUCAP/GBMR* *Owned by GBMR.
When you look at this lack of measurable progress in the context.... [and I will pick 1 example-there are others]
...of failure to inform shareholders of an extension of MGTs relationship on Shareholder time with another company.... I believe that it is a POOR choice-I am NOT saying NNRF will fail I am NOT including their drop in share price in this post
I am saying that I feel they truly lack the business people on payroll to drive the business of the company-- I know of very few people who can drive both the Business and Science of a company. These people tend to become Mavericks--I do not see that person here .
ALSO--lack of good business accumen could be hiding an oder there could be something foul and legally not in the interest of shareholders
NOBODY HATES A RUMOR MORE THAN ME - But I am belive its quite possible the CFO of this company clearly toyed with and mis led a caller this past summer
People here ned to begin to press this MGT HARD real HARD I would Not question them on the Share price I would question them on the Components of a fair and reasonable share price.
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