I agree. Its getting ridiculous. They think they have an ATM machine and instead of going faster to save money, they keep going at a slow pace burning money they did not earn.
Well it was a brutaly honest answer. They will dilute as much as is necessary but not more. The alternative is close the business. Time for you guys to see the reality of the situation and accept it or sell. Because that is the cold reality and he had the balls to say so. It is a fact. The many delays are fact and that it will take 1-2 quarters to really get rolling is likely to be fact also.
So it is time to start living in the present situation and let the past go. If one does not trust them based on past failures then don't stay invested . Listen to your gut. Who knows for sure it could continue for another year or even never succeed.
Pennystocks are high risk. Often require much pain and patience before success or clear failure. If you think the reasons for delays are acceptable then we have the choices to wait it out or bail and come back in in a quarter or two. But we need to face the fact that we may not see profits near term.
News is only truly objectively huge if the market rewards it. However from a subjective point of view can be huge if one expects it to be come objectively huge once the proof is in the pudding (revenues). So how one interprets huge news will vary greatly depending on how which definition you are using.
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