It becomes obvious now shareholders only hope is i
Post# of 96892
Posted On: 02/18/2016 7:38:50 PM
It becomes obvious now shareholders only hope is if NTEK fills the CEO position with a competent, well connected individual who is also shareholder friendly. This is needed to sell new shares to new investors following the R/S.
I feel our ship is rudderless and without direction. The R/S and underwhelming Q4 revenues (considering all the promos and SH hoopla) are tough ones to swallow.
Most long term shareholders like me are stuck and know its far too late in the game to sell and lock in massive paper losses of greater than 90% so we are not selling and we are not going anywhere.
A new CEO who knows what the hell he/she is doing unlike who we have had in this position could still turn this around and we are still undervalued here. However until recently most longs like myself felt we were vastly undervalued. Not anymore ! Given our revenues maybe a fair value market cap gives us fair value at a penny pre R/S which is still 4 times higher from where we are trading today. This is far less than the rosy picture some here including myself had painted for our investment.
Well either a savy shareholder friendly CEO or a buyout based on our fair value market cap could still save the day but we all now need to face reality.
I feel our ship is rudderless and without direction. The R/S and underwhelming Q4 revenues (considering all the promos and SH hoopla) are tough ones to swallow.
Most long term shareholders like me are stuck and know its far too late in the game to sell and lock in massive paper losses of greater than 90% so we are not selling and we are not going anywhere.
A new CEO who knows what the hell he/she is doing unlike who we have had in this position could still turn this around and we are still undervalued here. However until recently most longs like myself felt we were vastly undervalued. Not anymore ! Given our revenues maybe a fair value market cap gives us fair value at a penny pre R/S which is still 4 times higher from where we are trading today. This is far less than the rosy picture some here including myself had painted for our investment.
Well either a savy shareholder friendly CEO or a buyout based on our fair value market cap could still save the day but we all now need to face reality.
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