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Posted On: 04/21/2022 10:43:25 PM
Post# of 6857
Dalton's investors need to decide for themselves.
Doc's associations, relationships and previous positions provide a veneer of respectability / legitimacy - these, I believe, are the reason that the SEC have not yet chosen to look further into his operations - despite him completely ignoring OTC / SEC reporting requirements... and one or two people reaching out to them due to these 'lapses'.
Nobody anticipates the next quarterly report to be vastly different from the last, once again extending the period in which Doc can make further unofficial but ambiguous claims of progress / untold future riches.
However, at some point relatively soon some level of truth will be exposed - he will either have to deliver something of substance, or more likely have to find a way to prolong his 'dangling carrots' routine. If it's the latter, you can still be sure that Doc's inflated ego won't allow him to accept any level of responsibility, he'll come up with yet another vague excuse in an attempt to explain away further delays, predominantly in order to continue the ever hopeful ruse.
Being completely objective, if it wasn't for his obsessive followers and their passionate support / painting of the stock price, UNVC would be trading at a mere fraction of its current value. After all, the company has almost negligible income and double figure millions in liabilities on its books - the majority of which is payable to Doc himself. How on earth can a market cap of $75 million be justified? The reality is, it can't.
Whichever way you look at it, after more than a decade of promises, hopeful tweets, and an utter absence of execution - he's either a completely inept and incompetent CEO, or simply using UNVC as a vehicle for self-enrichment - the decision is yours.
On the other hand, I doubt his family will see him as a failure - after all, he's considerably wealthier now than he was just a few months ago...
Doc's associations, relationships and previous positions provide a veneer of respectability / legitimacy - these, I believe, are the reason that the SEC have not yet chosen to look further into his operations - despite him completely ignoring OTC / SEC reporting requirements... and one or two people reaching out to them due to these 'lapses'.
Nobody anticipates the next quarterly report to be vastly different from the last, once again extending the period in which Doc can make further unofficial but ambiguous claims of progress / untold future riches.
However, at some point relatively soon some level of truth will be exposed - he will either have to deliver something of substance, or more likely have to find a way to prolong his 'dangling carrots' routine. If it's the latter, you can still be sure that Doc's inflated ego won't allow him to accept any level of responsibility, he'll come up with yet another vague excuse in an attempt to explain away further delays, predominantly in order to continue the ever hopeful ruse.
Being completely objective, if it wasn't for his obsessive followers and their passionate support / painting of the stock price, UNVC would be trading at a mere fraction of its current value. After all, the company has almost negligible income and double figure millions in liabilities on its books - the majority of which is payable to Doc himself. How on earth can a market cap of $75 million be justified? The reality is, it can't.
Whichever way you look at it, after more than a decade of promises, hopeful tweets, and an utter absence of execution - he's either a completely inept and incompetent CEO, or simply using UNVC as a vehicle for self-enrichment - the decision is yours.
On the other hand, I doubt his family will see him as a failure - after all, he's considerably wealthier now than he was just a few months ago...
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