Another frustrating day in OWCP land... My frus
Post# of 15624
(Total Views: 444)
Posted On: 04/26/2017 11:03:15 AM
Another frustrating day in OWCP land...
My frustration with the company is don't go to a conference and regurgitate information that's already available on your website. It's insulting - do a quick overview, but as a potential investor I want clear-cut answers to the following and if you can't provide those answers then don't ask for my $ until you can. It's like a bad episode of Shark Tank where the person has a great idea or concept but fails miserably to communicate the only part that really matters - how and when are they going to make money.
As a potential investor it's not unreasonable to expect the following:
1.) Proforma financials for 2017 and into 2018
2.) Projected market release timelines
3.) Projected sales forecasts
4.) Scientific study timeframes
Maybe the have a master plan yet to be revealed, but I feel like OWCP management is being too coy with whatever their plans are and it's turning a lot of potential offers off now that the share price is no longer in the low pennies - back to my Shark Tank analogy, none of the Sharks will throw $ at a company unless they know there's a high probability of getting a return on that investment.
Again maybe it's coming soon, but we're quickly approaching a time where it's either blank or get off the pot. The problem with a bunch of R&D folks is they don't get it that the market won't wait for their timeline.
My frustration with the company is don't go to a conference and regurgitate information that's already available on your website. It's insulting - do a quick overview, but as a potential investor I want clear-cut answers to the following and if you can't provide those answers then don't ask for my $ until you can. It's like a bad episode of Shark Tank where the person has a great idea or concept but fails miserably to communicate the only part that really matters - how and when are they going to make money.
As a potential investor it's not unreasonable to expect the following:
1.) Proforma financials for 2017 and into 2018
2.) Projected market release timelines
3.) Projected sales forecasts
4.) Scientific study timeframes
Maybe the have a master plan yet to be revealed, but I feel like OWCP management is being too coy with whatever their plans are and it's turning a lot of potential offers off now that the share price is no longer in the low pennies - back to my Shark Tank analogy, none of the Sharks will throw $ at a company unless they know there's a high probability of getting a return on that investment.
Again maybe it's coming soon, but we're quickly approaching a time where it's either blank or get off the pot. The problem with a bunch of R&D folks is they don't get it that the market won't wait for their timeline.
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