I have been sitting back and watching the post
Post# of 45510
I have been sitting back and watching the posts for a while now. I have been reluctant to post a reply because I just don’t want to get into a pissing match with those that wish to bash the company, short the stock, or those that are speaking negatively about the company out of frustration.
Two things I would remind all of you reading this post. 1) It takes time to build a company. I suspect many on this board are flippers at heart. Those of you truly invested in the company are frustrated because you have not made what you consider to be a boat load of money yet. Yes, I understand there are those of you who maybe are in the red at this point (myself included), and I understand your frustration. However to vent your frustration here does no one any good. If you’re that frustrated – sell, plain and simple. Get into another stock that you think will serve your needs better than this one. But, be honest with yourself, all the things that got you interested in this company are still there. Perhaps… PERHAPS… you had unrealistic expectations on the time it would take to make you money. I would like to hear from those on this board that have built a company from the ground up. I feel very confident any of them will tell you success doesn’t happen overnight. It takes hard work, long hours, investment of your own money, help from others, connections, infrastructure, etc, etc, etc. Frustration is not a good thing, and venting it here is not a good thing either, as you are only hurting yourself by hurting the PPS. AND… just as a side note, I also don’t think it’s a good thing to post wild speculations either. Good DD, finds of good documentable news events, notices of company events and actions are the most beneficial posts if you want to help the PPS, in my opinion of course.
2) Last I could find Steve and Peter combined owned a little better than 60% of the shares of this company (feel free to list correct ownership if I’m wrong), and you all know Joseph owns 135m shares. So… common sense would dictate that those 3 would be concerned the most with the PPS. Since Steve is the only 1 of the 3 who posts here, and since Steve is confident in where this company is going, I think that keeps me holding onto my measly (compared to the 3 above) amount of shares.
So… sell if you’re not happy and move on to another stock (and board) that will serve your needs better. Perhaps a bankrupt mining stock that has lost millions over the past year(s) will interest you. Some of those PPS’s do great, and are more suited to the flipper mentality. Nothing wrong with being a flipper mind you, but this stock is not for flippers.
Hopefully this post will draw out some of those who feel the same way I do, and have been sitting on the sidelines also. Also, I won’t be responding to any responses to this post, as I said in the beginning I don’t want to get into a pissing match with those that are so inclined, so if you do respond, please don’t be offended when I do not respond to your post. I'm frustrated, but mostly frustrated at those thinking we should be at a dollar by now.... which is just plain unrealistic.
Go ICPA !