Things can and will turn around. I trust Peter an
Post# of 11107
Posted On: 06/21/2014 11:09:02 AM
Things can and will turn around. I trust Peter and company are working hard to find the right opportunity to get this boat to float. They certainly have had more than their fair share of bad luck. We should be thankful that they are sticking it out with us to turn the company around.
Yes, they do rend to use PRs to raise funds. As longs we should have recognize this and used it to our advantage. Unfortunately, I am not that smart. Probably could have saved a few bucks. Oh well.
At this point,I feel the company has a good chance of at least surviving and perhaps flourishing in the coming months. Once they have their feet on the ground, solid, verifiable business prospects and some decent revenue, they will have to address this bloated share structure. However, it is clear that they will do that int momentum so as to minimize the backlash. I am anxious to see how it gets played.
Yes, they do rend to use PRs to raise funds. As longs we should have recognize this and used it to our advantage. Unfortunately, I am not that smart. Probably could have saved a few bucks. Oh well.
At this point,I feel the company has a good chance of at least surviving and perhaps flourishing in the coming months. Once they have their feet on the ground, solid, verifiable business prospects and some decent revenue, they will have to address this bloated share structure. However, it is clear that they will do that int momentum so as to minimize the backlash. I am anxious to see how it gets played.
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