AAF, I should start out by letting you know I posted last night after a concert and a few beers so if my post came across as strong or pointed, I just wanted to let you know I did not intend it that way. I was just typing with some energy.
I understand alot of what you say. It certainly would be nice to know more and see more action. Even now, I am holding despite having gone past my self-imposed deadline of June 30 for seeing a sale. But, I am okay with it because I see some signs it is a good move to hold on.
A few opinions on some of your last points.
1. With regard to who is left in thew UK, I am not so worried about future design and debugging for two reasons. First, I think the company is clearly looking to commercialize what we have. Ng did not come on board as the R&D COO. He came on board to lead commercialization. Second, for any future tweaks or debugging that is needed, no one in the company or any shareholder should delude themselves about the complexity of our product. It really does not seem to be an overly complicated piece of machinery - its not the spaceshuttle, if you know what I mean. In turn, I believe there are many mechanical and comupter engineers around that can work on the Verticrop (acknowledging I have never even touched one, but that is my hunch).
2. Not sure about the Little Unit issue, but I do not think we are looking to market to little people. Little people have no money and dont have the demand from their customers to move toward a product like a Little Verticrop, IMO.
3. As far as publicizing, do remember we just announced getting a PR/Media company on board at the end of June and the BNN show was as much about publicizing as it was about looking for money. So, IMO, the publicizing has started.
4. Based on what Fane said, it sounds like we are going to have a unit announced in North America before the autumnal solstice arrives, so we should get some positive news soon.
5. Regarding tarnishing the Valcent name, I am whole-heartedly ready for a name change. It is a terrible name with a long history of mediocrity. I believe a name change will come, as trying to market the name Valcent is not an easy task.
6.Over everything else, The Pitch was a positive for me because it showed we still exist and are working to move forward, which I am happy about. And this was a nice one-two punch combined with Institute B's note on their Facebook of having gone on a tour/site visit with Valcent in the last 2 weeks, showing that relationship is still progressing.
In the end, despite having hopedc for more visible progress specifically on the commercial side in the first 7 months of the Fane/Ng era, I have seem enough progress on specific fronts to stay a shareholder for now.
Oh yeah, almost forgot one of the main reasons I responded. With regard to this supposed report of not paying bills and salaries and court cases. I would take all that with a grain of salt. Even if to some degree all these things are happening over there, sometimes companies dont pay certain bills because they havent received the service they paid for...just because a bill isnt paid doesnt automatically mean it is Valcent's fault or a sign of a company problem. As for wages, well lots of companies part ways with people and have negotiations about what is owed, severance, etc. and, it is not uncommon for the departing to think they are owed more than what they are offered. IF someone hasnt been paid, it is certainly possible that negotiations are happening to get it resolved. And as I posted before, court cases between companies and departed personnel happen all the time, IMO, particularly with public companies from what I have seen. In the end, my final position on this specific subject is that Valcent was run into the ground with much debt, which Fane has been tackling. I suspect he will pay what the company must legally pay and what he believe to be beneficial to the company and shareholders to pay, but I suspect he is protective of funds and that he is not going to pay everything someone thinks they are owed or every expenditure someone in the UK unit, who may not have been so focused on costs, signed on to. And, lastly, I imagine that for even those things Fane believes should be paid and intends to pay, there is an order as far as priority and some will be paid sooner and others will be paid later when we have a bit more flexibility to do so.
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