Posted On: 11/30/2014 9:33:30 PM
Post# of 30032
"I don't know about what types of business contracts you've been involved with in your time, but in my business which is the hard ball, union controlled and mob influenced construction rackets of NYC, a mans hand shake and his word are more important than any written contract or big name law firm representation"
That is hilarious! Oft times reading your posts regarding milestone delays, I have thought of you to be similar to the construction reps from multinational companies looking to build manufacturing facilities in and around shanghai china. "Hardballing" is and only was their strategy during contract negotiating, most notablIy up to 50k per day for any delay of milestone! Did they not understand that local mobs were trying to disrupt progression along with pissed off villagers who were recently kicked out of their homes so a new factory could be built on the land? More importantly, in china, projects get completed in chinese fashion to much frustration of the multinational reps. The completion or "hand over" of project would be completed 3 times faster than any project of similar size in the U.S. minimum but still, hardballing persisted. Arbitration fights, whether they'd take place in the U.S. or china...so many issues. In the end, concrete floors cracked weeks after they moved in and, in short, all that Hardballing probably just made the entire project more destined to fail!
My point to you is, not everything will progress in similar ways as to how your own experience in business has transpired...shit, especially construction/biotech. Be open that the "street" may not know jack shit about what might be about to happen with this company regardless of how much the pps fell in two days time.
Ambs is still, in the grand scheme of its potential, in start up phase. Apple is far more predictable...they'll have a new product out every year to upgrade the old, constant revenue stream...to even compare ambs to apple is just plain stupid.
Gerald's credibility...lacking? Unproven? We'll see in the next few months. For what appears for some (you) to be lack of credibility may be all forgotten in near future, regardless of how many weeks or months past previously stated milestone completion dates given.
That is hilarious! Oft times reading your posts regarding milestone delays, I have thought of you to be similar to the construction reps from multinational companies looking to build manufacturing facilities in and around shanghai china. "Hardballing" is and only was their strategy during contract negotiating, most notablIy up to 50k per day for any delay of milestone! Did they not understand that local mobs were trying to disrupt progression along with pissed off villagers who were recently kicked out of their homes so a new factory could be built on the land? More importantly, in china, projects get completed in chinese fashion to much frustration of the multinational reps. The completion or "hand over" of project would be completed 3 times faster than any project of similar size in the U.S. minimum but still, hardballing persisted. Arbitration fights, whether they'd take place in the U.S. or china...so many issues. In the end, concrete floors cracked weeks after they moved in and, in short, all that Hardballing probably just made the entire project more destined to fail!
My point to you is, not everything will progress in similar ways as to how your own experience in business has transpired...shit, especially construction/biotech. Be open that the "street" may not know jack shit about what might be about to happen with this company regardless of how much the pps fell in two days time.
Ambs is still, in the grand scheme of its potential, in start up phase. Apple is far more predictable...they'll have a new product out every year to upgrade the old, constant revenue stream...to even compare ambs to apple is just plain stupid.
Gerald's credibility...lacking? Unproven? We'll see in the next few months. For what appears for some (you) to be lack of credibility may be all forgotten in near future, regardless of how many weeks or months past previously stated milestone completion dates given.
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