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Posted On: 12/02/2020 3:06:03 PM
Post# of 36541
hy, we're all hanging out hats on the same post. Is there a problem or not? Without communication from Joe and the mgmt. team, we have no way of knowing. Obviously, they are busy signing deals in SE Asia, but that won't currently pay any bills for us. OTOH, if they can get uplisting and valuation accomplished in one, two, six months, even a year, investors will remain frustrated, but eventually satisfied, IF Generex does what they say they are going to do.
Unfortunately, there have been multiple glitches that have undermined our confidence. Joe pulled off the 1:20 dividend and the bonus dividend, so he deserves a chance to complete the job, but as I suggested a month ago; he needs to hold a "state of the company" CC. We need to hear of progress in any of the initiatives, how the initiatives have been prioritized, and what we can expect beyond that. He did a similar CC in Jan. 2018 (I think), when he first became CEO. It isn't unreasonable to expect a similar call with the entire team so we know the state of our investment.
Most of us have probably invested more money than we should have based on what we thought would happen and the time frames explained to us. Of course we're disappointed, but we don't have to stay that way if Joe and the boys have the chops to get this done. We have no choice but to give them that chance.
Unfortunately, there have been multiple glitches that have undermined our confidence. Joe pulled off the 1:20 dividend and the bonus dividend, so he deserves a chance to complete the job, but as I suggested a month ago; he needs to hold a "state of the company" CC. We need to hear of progress in any of the initiatives, how the initiatives have been prioritized, and what we can expect beyond that. He did a similar CC in Jan. 2018 (I think), when he first became CEO. It isn't unreasonable to expect a similar call with the entire team so we know the state of our investment.
Most of us have probably invested more money than we should have based on what we thought would happen and the time frames explained to us. Of course we're disappointed, but we don't have to stay that way if Joe and the boys have the chops to get this done. We have no choice but to give them that chance.
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