The well known phrase "to be, or not to be" comes from William Shakespeare's Hamlet is used to signify some situations very well as it questions the purpose or need of existence.
As in business and finance, I think one significant question of existence is 'to trust or not to trust'!
Trust makes the deals go through, businesses are realized, customers return And, in investment world, investors 'take things seriously' because of that. I dont mean, absolutely directly causes to invest but, most important role of trust is to give the value proposition is a chance.
As I have been writing on this board many times, regardless of many shortcomings and mistakes of Innova, it is a legitimate, reporting company with products, know-how, team of expertise people and truly thriving to make money. This is not a setup company.
Even Innova being what it is has experienced great deal of loss in trust amongst its investors. I really cant point finger but (and, this is my observation+feel) part of this stemmed from a deliberate act of someone/some party to dump shares purposely to push the company into edge of a cliff.
This risk is/may exist even today, because, I cant see everything 180 degree different today. If don’t count W.Wiesel’s active departure from the management (which seem to prove some benefit already and lessen the pressure on stock price), there are several issues that Innova need to prove to its existing/potential investors, such as;
- fundamental re-structuring on company's debt
- continuous increase on revenues about 2 more quarters
- selecting company leaders with real, related experience and strategic background
- deliverable and/or endorsement announcements from prestigious clients
- concrete news related to license customers or regarding infringement cases
If some or all of the above are demonstrated successfully in next a few month, believe me, TRUST WILL RETURN IN VOLUME.
When trust returns, I can’t think of a single reason INRA not to hit ABOVE pre-reverse split levels.
I have a feeling that 2008 will be the year of new management and focused energy.
Hey, speaking of the power of compound interest, it moves things like tsunami waves... :o))