(Total Views: 406)
Posted On: 03/16/2020 2:44:55 PM
Post# of 82686
Just an observation: I see our shareholder's relationship with SFOR CEO Mark Kay as a more or less of a continuous repeating loop.
1) SFOR shareholders are eager for results and big developments and revenues, so we continuously hound Kay and press him for results, hoping for results sooner, rather than later.
2) Kay tries to accommodate or please us by giving what he considers to be reasonable estimates of dates of when we might have big developments or receive big revenues.
But his dates are usually wrong or change in the interim, often due to factors beyond his control (such as the Fiserv/First Data Merger or payment delays).
3) The Shareholders are then disappointed by the ongoing delays and the low stock price.
4) Both parties (Kay and shareholders) wash, rinse, and repeat the cycle again.
I have little doubt that the company will be highly successful in the long run, but we all need to be patient, -as it will just happen when it happens.
(Kay or shareholders) trying to predict SFOR's future (in terms of dates when developments will happen) isn't working out for us, IMO.
1) SFOR shareholders are eager for results and big developments and revenues, so we continuously hound Kay and press him for results, hoping for results sooner, rather than later.
2) Kay tries to accommodate or please us by giving what he considers to be reasonable estimates of dates of when we might have big developments or receive big revenues.
But his dates are usually wrong or change in the interim, often due to factors beyond his control (such as the Fiserv/First Data Merger or payment delays).
3) The Shareholders are then disappointed by the ongoing delays and the low stock price.
4) Both parties (Kay and shareholders) wash, rinse, and repeat the cycle again.
I have little doubt that the company will be highly successful in the long run, but we all need to be patient, -as it will just happen when it happens.
(Kay or shareholders) trying to predict SFOR's future (in terms of dates when developments will happen) isn't working out for us, IMO.
(8)
(1)
