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  4. E-Waste Systems, Inc. (EWSI) Message Board

Hey Bucky. Nice to see you around. And you hit the

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Post# of 3844
Posted On: 03/28/2014 9:49:43 AM
Posted By: BoBo
Hey Bucky. Nice to see you around. And you hit the nail on the head.

No doubt Marty and the team are undergoing a full court press on the filing. It's simply unfortunate because it's time and resources taken from the core goal of 50% Q over Q - a lot to do in a condensed time frame: phone calls, explanations, documents, discussions. All taking Marty's eyes off the prize. And increasing the margin for error. Even if Malone had stayed the work load to get the filing done, and done right, was probably somewhat daunting. And now, there's time and money needed to be allocated to the lawsuit. Perhaps not much but a new overlay onto the plan nonetheless, getting the lawyers documents, explaining Marty's side of things, all of which he's no doubt back burnered as much as possible till the filing, but still.

I'm just concerned that's all. These are overlays onto an already risky business plan

And I really hope he's right on the dilution issue because he's now committed to it. If I were him I think I would have made less of a commitment in this regard. Now he's boxed himself in on this one. From my perspective as a long I could care less as long as he gets the money needed. A longer time with the PPS low as a result is not great, but if it has to be. . .

None of this is anything most of us don't already know. It's just that I've started a few companies, albeit small, from scratch. So I look at things pragmatically. The boards are populated with either bashers (who at least give me solace since they wouldn't be there unless someone who hired them thinks EWSI is worth the effort) or wildly optimistic folks who never state concern about anything that happens and criticize those who do. My posts, I guess, try and stimulate objective debate that I've now come to know will never happen. It's simply the wrong venue. Wish there were a "private", restricted board where serious investors felt freer to express their analysis and thoughts.

Nuf said. No need to respond. Like Bucky, I'll go quiet.




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