My point was that the past history of Press Releases does not reflect well for a publicly traded company. The Hong Kong deal remains on the Valcent website but the filed accounts clearly state that this deal never materialized.
Even the more recent issuances would seem to be somewhat vague and open to interpretation. When the current CEO was in place as an advisor to the company since April, then why the inaccurate press releases? And when the same guy is now the CEO why should anything be different?
If the company did not have the finances to close sales then where has all the investors money gone in recent years? So many questions remain unanswered.
I agree that we should judge the company based on current words and actions of those responsible but it is strange how history tends to repeat itself.
I for one will remain VERY cautious until such time as the actions justify a different approach.
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