No, your only choices are to wait or to sell, but
Post# of 41414
(Total Views: 360)
Posted On: 08/17/2017 8:26:08 PM
Re: USGL investor #36251
No, your only choices are to wait or to sell, but you as an investor have the right to let the company know how you are perceiving their actions. I simply take advantage of that right because I want to know at all times that the company I'm invested in isn't diverging from what they said they'd do. I do think there is far more to this company than what is provided in the SEC filings and website, and by having this conversation we can flesh out the details so that we're not blindsided again and again.
As it stands, we cannot do anything but wait for the audit to be done. So we continue to wait. And I am fully aware that investments don't offer guarantees, I traded hundreds of stocks on the OTC before finding Baltia, which, at the time, I convinced myself was a sound investment. Hindsight is a bitch and a half.
USGlobal behaves differently, that much is apparent to me. They have a different business plan, a leader with vision and ambition, and someone who can command a team. I'm not concerned that they will become successful. I don't doubt that USGlobal will generate revenue this year. And I'm not one for complaining about a stock if I'm displeased with it - I'm quick to move on. But part of my problem is that I own private placement, which, as you know, is worthless at the moment. So I'm rooted in this company until they succeed. In the meantime, I am going to try very hard to think about all the ways USGlobal can succeed, and all the ways it can fail. And if I want to discuss it here openly among fellow investors like yourself and Delta, I see no reason why it should be a problem. We're all approaching this stock from the same angle, it's just that some of us are more tolerant of certain things like an unknown date for the completion of the audit, while others like myself prefer not to be in a position of not knowing such things. Sometimes it's good to apply a little pressure.
As it stands, we cannot do anything but wait for the audit to be done. So we continue to wait. And I am fully aware that investments don't offer guarantees, I traded hundreds of stocks on the OTC before finding Baltia, which, at the time, I convinced myself was a sound investment. Hindsight is a bitch and a half.
USGlobal behaves differently, that much is apparent to me. They have a different business plan, a leader with vision and ambition, and someone who can command a team. I'm not concerned that they will become successful. I don't doubt that USGlobal will generate revenue this year. And I'm not one for complaining about a stock if I'm displeased with it - I'm quick to move on. But part of my problem is that I own private placement, which, as you know, is worthless at the moment. So I'm rooted in this company until they succeed. In the meantime, I am going to try very hard to think about all the ways USGlobal can succeed, and all the ways it can fail. And if I want to discuss it here openly among fellow investors like yourself and Delta, I see no reason why it should be a problem. We're all approaching this stock from the same angle, it's just that some of us are more tolerant of certain things like an unknown date for the completion of the audit, while others like myself prefer not to be in a position of not knowing such things. Sometimes it's good to apply a little pressure.
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