Yes, and so we seem to be coming to the end of thi
Post# of 82690
(Total Views: 350)
Posted On: 07/13/2020 2:37:59 PM
Yes, and so we seem to be coming to the end of this sad story, one that had so much promise not too long ago. With even the mods, for the most part, decamped to hopefully greener pastures. With even management too cowed to apparently make another stab at overstating the potential.
No more talk about being in the black, about big deals just signed, new products in development, or much of any kind of future at all. The reverse split was never about uplisting, that was just the story. It was about being the only way to entice the toxic lenders to lend, to make the deal more appealing on their end. To keep the company afloat to continue to pay the staff.
It was always a patent play, wins in the 5 cases, and then more, and then selling the company with its valuable patents and unlimited potential. There was never a Plan B, management was overconfident and unwilling to admit the possibility of defeat, then going down in flames with no recourse. It's a sad day when a truth reveals itself and that truth is ugly.
No more talk about being in the black, about big deals just signed, new products in development, or much of any kind of future at all. The reverse split was never about uplisting, that was just the story. It was about being the only way to entice the toxic lenders to lend, to make the deal more appealing on their end. To keep the company afloat to continue to pay the staff.
It was always a patent play, wins in the 5 cases, and then more, and then selling the company with its valuable patents and unlimited potential. There was never a Plan B, management was overconfident and unwilling to admit the possibility of defeat, then going down in flames with no recourse. It's a sad day when a truth reveals itself and that truth is ugly.
(4)
(0)