risk rises exponentially the closer mgmt gets to execution
risk rises exponentially the closer mgmt gets to execution
imo no one within mgmt except IR should be interfacing with shareholders
there is an old saying .. loose lips sink ships
as i've noted a few times .. i'm glad dueling sets of rumors have disappeared
it was always interesting to note when they *appeared* and by whom
on avg 3 to 5 years is what i always give .. provided my caveats continue to be met .. note the use of the words >> on average
unlike others >> i can't ignore the *impact* >> multiple actions taken
by *entities* have had against the co. and the stock >> this would
result in time lines >> being reviewed and caveats met >> extended
the cfo's hire in mid March 2014 .. imo sets up the sequence of material events i expect culminates in the seating of the BoD
and sale of an asset .. the when comes on mgmt's time line
not mine .. nor yours
i found the mid year update >> just out >> to be worthy
i expect we'll see within this Q the 8k filed re: the company noted
i also don't view it's my job as an investor to hold other investors' hands
each person is responsible for their own DD and risk tolerance
when it comes to their investments ..
what i do .. is post out factual data via the historical pps and averages
percentages YOY .. trades .. MM Monthly reported and now ATS
dark pool dated data known and shown in arrears
and offer my opinion .. some might remember that i posted in 2010
that there was no way in hell Naz would ever accept the co.s *then*
firm re: 2 yrs .. re: uplist .. and that the 8k filed in May (WSB) not
only came as no surprise (redos) but was the moment the *shorts*
were salivating for
were mistakes made by original mgmt .. of course they were ..
but as i always post >> i don't expect seamless out of a newly
minted pubco mgmt team >> whose sole goal was to bring to market
a disruptive technology via a R/M into a shell .. (set up no. 1)
what i do recognize (as i just posted about yesterday via the vehicle
of choice for OTC stock manipulation) are the 6 pps segregations
(orchestrations) >> last (no. 6) in play since Jan 2013 (settlement)
when orchestration UP was *halted* @ 1.49 .. (there is a reason
for that no. which i noted contemporaneously *there*)
since then it's been nothing but resets via compression done to break
the stock
a broken OTC stock .. tends to break an OTC company
usually resulting in a R/S .. which is automatically abusively shorted
right back to the pps pre R/S (it's the only game in town *entity* knows
when the KILL order is in play)
my next expectation (common sense and logic) is that mgmt files
the Q and Finra's housekeeping (name/ticker/cusip) are changed
just me .. but if mgmt had wanted to *go dark* >> they wouldn't have
hired the CFO (who took one third of his salary in March in stock)
@ 100k >> nor would they have paid the reduced rate of 285,000
to their AF
the dangling carrot *then* would have been to fix the repairs (200k)
or not do them at all >> just close up shop and call it a day
let me repeat >> risk rises exponentially the closer mgmt gets to execution
i know mine ..
4kids
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