Lets take a step back and look at this ...... ok they announced a date and they didnt produce the fins OR the OTC move. BOTH pretty HUGE MISSES.
1.) They just hired a supposedly experienced CFO - so that means there is money within the company to pay the guy and he accepted the job and was attracted to the company in the first place ....so we are not broke. Lets do some DD on this guy and see what his track record is.
2.)As a C.F.O. your job is to oversee all things financial and reign supreme over them. So maybe it was he himself who put the brakes on the fins release and halted the OTC application. If your reputation was staked to those figures yes I could see wanting to review them being an industry professional and knowing if shennanigans happened under your watch you will be held responsible to investors AND OTC officials.
3.) I am pixxed just like everybody else and was built up to thinking this was REALLY going to move in the coming days......BUT I am trying to look beyond today....the government is expected to renew the bio rebate or credit, Obama is pushing renewables on the military, we are making money "supposedly" , we have unique products "supposedly" being sold at around 1 million gallons a month so far, power plants are looking towards our fuel ....So ~ 2.5 mil revenue a month ~30 million a year so far ...... we all own a piece of this business at .33 cents a share with no dividends so we rely strictly on stock price appreciation to hold us here . I think this is a temporary setback and I am TRYING to exercise discipline and HOLD MY SHARES at least until the fins are finally released and I know what I am being told is true.
MY short term prediction is this stock price will take a beating starting tomorrow and over the next 2 weeks and peels back to low 20's SOLELY DUE TO MIKE PARSONS MAKING HUGE PR PROMISES , TOTALLY BLOWING THOSE PROMISES AND MAKING NO APOLOGIES FOR MISSING ANY TARGETS. NOT EVEN A LETTER TO SHAREHOLDERS ON THE XPGH SITE EXPLAINING WHAT HAPPENED AND HOW IT WILL BE REMEDIED.
UNFORTUNATELY I EXPECT A BACK PEDDLING PR RELEASE IN THE NEXT FEW DAYS TOUTING A LETTER OF INTENT OR SOMETHING ELSE IS SERIOUSLY IN THE WORKS WITH A BIG OUTFIT TO FLUFF UP THE SLUMPING STOCK PRICE . !!!!! NO MENTION AGAIN OF SOMETHING ACTUALLY SIGNED WITH INK TO PAPER THAT WOULD ADD ACTUAL SHAREHOLDER VALUE !!!!!! JUST FLUFF .... AT THAT POINT "IF" THAT PR COMES OUT IN THE NEXT FEW DAYS I AM DUMPING THIS CHARADE.........
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