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Posted On: 09/10/2019 10:16:28 AM
Post# of 40991
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Well, I'm talking about Cogo product only, and the revenues SB claims they are producing.
I'm doing the best DD I can with this and talking with Cogo got me some food for thought.
I would agree that SB's pumping and his missed deadlines and empty promises have hurt ONCI stock.
He did come through with the share reduction, regardless if he still holds power with his preferreds. He is the CEO, and has that right. And I still believe the revs are real.
I've been doing this over 20 years and have seen no bids go to pennies after an initial run. SB is a liar and a pumper but he is no dummy. He knows what he needs to do to get this going. Either that, or he sells the company.
I'm doing the best DD I can with this and talking with Cogo got me some food for thought.
I would agree that SB's pumping and his missed deadlines and empty promises have hurt ONCI stock.
He did come through with the share reduction, regardless if he still holds power with his preferreds. He is the CEO, and has that right. And I still believe the revs are real.
I've been doing this over 20 years and have seen no bids go to pennies after an initial run. SB is a liar and a pumper but he is no dummy. He knows what he needs to do to get this going. Either that, or he sells the company.
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