Come on Carry you're better than that. It got to 0.21 on the back of some news and a pump. It was there for a day. We had been trading post-Sigma around 0.14. We had volume and plenty of interest. SInce then the company has gone pretty quiet unless it's had something tangible to report.
We are where we are because we have no revs and in the absence of revs, people don't get excited without news. For a company with no revs and one employee we still have a market cap that wanders between $35-50M. That shows you in itself that we have something worth waiting for.
I'm amazed that the latest (apparent) CSC dump went without a pump but glad at the same time. I'm a long term shareholder who has never traded more than 10% of his shares. Until we have revs and substantial news, I couldn't care less whether we are at 0.05 or 0.1 or 0.15 0r 0.2 as I ain't planning on selling my core at any of those prices.
For the other 10% (that I have traded with) it makes no real difference whether they're at 0.05 or 0.2. A dip is a dip.
All in all the longer than expected time to commercialisation has simply given me the opportunity to increase my core holding which in the long run I know I will be grateful for.
In the long run I believe that quicker commercialisation would have been a double negative for me. Firstly I wouldn't have been given the opportunity to have a holding as large as I do and secondly I am 100% certain that the deals and everything about them would have been inferior to the slow and steady (but proper) route that Kim is taking. He likes everything water tight to the extreme, who am I to argue with that wisdom? I always like to remind myself that the man wants 100% the same outcome that I do. I'm certainly glad the responsibility is on his shoulders and not mine.
GLTY
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