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  4. Shub's Shack Message Board

Of course we are going to be concerned about lies

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Post# of 2009
Posted On: 12/04/2015 8:35:15 AM
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Posted By: Shub
Re: Ronwy #1482
Of course we are going to be concerned about lies and deception and failed promises from two years ago. It's the same team running things as it was then, with the exception of Riordan, who again has failed miserably with communication to the shareholders. The only difference is Foley is not in the picture, but he's obviously still somewhat in the picture since he is getting millions of shares from NTEK still. People don't change unless there is a legitimate reason for changing. Riordan promised us there would be more communication from them. We have NOTHING other than one meeting he did when he first started his position. After that, we have all the communication we did with Jeff.

I have to quote a bumper sticker, and this isn't verbatim, but if you're not concerned, you're not paying attention. Sure, there's good news that all these companies are working with them, but we're not seeing much income from this right now, and I think income is going to be significantly less than any of the cloud gazing ponies over there. These are old movies that are very expensive to view once. But there is also a history of false information and failed deployments...repeatedly, and if you think that can't happen again, you are likely in for a surprise. Why are they taking so long to get their library deployed? Why are all these other company's movies, the multiple other vendors they are supposedly working with, not being uploaded? It's more of the same Ronwy and seriously you should be concerned.

Not just the project management side of things either. I have some very serious concerns about what they are doing in general. There is some seriously disconcerting things going on over there, and they are not being honest with us. Again, you cannot deny this. Well, I guess you can, but I don't see how you seriously can not have any questions about what they are doing.


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