Replies to post #73635 on CBA Florida Inc. (fka CBAI)

[tbk420]

That certainly doesn't sound encouraging - are you implying that they may do another one to accomplish what they originally intended?

And we all realize the restrictions on what IR can legitimately say, so it's not surprising that it places sole responsibility for Matt's credibility problems on someone/something else.

Tell me - how did the chill effect China? The last word from the company was that we should expect revenue from them in late 2010/ early 2011, and the original Agreement says that royalties are to begin in 2011. It's mid-December, and I'm having trouble figuring out how the chill relates to this.

I'm also wondering how the chill prevented Matt from notifying shareholders immediately upon discovery of it.

And since Matt knew the chill was in effect when he publicly told investors all the reasons that the R/S was good for them, had Matt adequately informed himself of the effects of the chill prior to making those representations to investors? Hadn't he done an ounce of research, to discover how hard it would be to lift it, and know that the things he was promising might be prevented by the chill?

And how is the chill currently preventing appreciation of the PPS? Now that it's gone, if your perception is correct, one would think that lots of people would just be jumping in to enjoy this fabulous future that some seem to see. But they aren't - shouldn't that make one consider that there might be other problems here?

I think using the chill as the explanation for the devastation that has occurred here is wearing out it's welcome. It's not believable any longer, and the insistence on blaming it for every problem only exacerbates the credibility crisis.