Even KH should realize that after loads of failed PR's and audit release promises gone bad, shareholders have lost faith and only hold hope due to their bleeding share position.
I am a businessman and deal with failures all day, every day. I do not avoid the issue and I NEVER leave customers in the dark. Shareholders are customers buying SDVI shares. Much is owed to them. If a deal falls through and shareholders invested based on the projections laid out, all failures should be disclosed in a timely fashion. Not admitting fault when fault is due makes me crazy. If after 6-12 months, shareholders are left wondering why audits have not been released, something is wrong with management imo. Come on, no auditing firm takes this long and we have seen a failed audit PR in past years.
SDVI deserves much scrutiny for not following up when projects fail. We don't forget especially when money was lost in the process of investing on those projections. The conversion, although I did not have a position to convert, is the icing on the cake imo. No one would have converted if they thought there was a chance they would be holding dead paper in 2012. Those VCC's convinced people that an IPO would be reality, plain and simple. That is REAL money.
It is time for a new leader to lead. I will give this one more chance (Stupid me I know) void of past management because imo, this company has been run into the ground along with the pps.
No more excuses.
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