Okay, I'm a long and been accumulating. But there
Post# of 43066
Posted On: 03/31/2013 10:02:18 AM
Okay, I'm a long and been accumulating. But there is a fine line between bashing and EXPRESSING LEGITIMATE CONCERNS. If anyone isn't concerned about the company, they really aren't being honest IMO. Personally, I think the risk associated with the stock has increased dramatically since May 2012.
First, you have a CEO who has public ally proclaimed that he doesn't care about the share price or in increased dilution. Devaluing our investment is no concern to him.
Second, you have a CFO who has public ally stated that he is comfortable on the OTC.
Third, you have a COO in a company with barely 50 employees, the progress since last May has to make one wonder what he does.
With salary and benefits, WE pay these three over a million dollars a year. Have they earned it? Have they increased your net worth? Have they increased shareholder value or even preserve it? Since there arrival, including dilution from a .50 pipe, ( see first and second above) we are all down over 50% since their arrival.
Those two factors tell me that these guys aren't well versed in OTC stocks.
Third, the building of processors takes a very long time and is consistently plaqued with delays. From parts delays, human error, debugging...
Fourth, repairing processors also takes an extensive amount of time. (processor one)
Fifth, government permitting is a slow process. Slowing the already anemic production.
Fifth, government permitting takes quite long...slowing down the already anemic production.
Now, individually these problems may not be that big a deal, but collectively, these are big issues for a company that isn't making and money.
Best of luck longs!! But let's not kid ourselves, we need open discussion. Keeping it civil should be absolute. But we need to start questioning.
First, you have a CEO who has public ally proclaimed that he doesn't care about the share price or in increased dilution. Devaluing our investment is no concern to him.
Second, you have a CFO who has public ally stated that he is comfortable on the OTC.
Third, you have a COO in a company with barely 50 employees, the progress since last May has to make one wonder what he does.
With salary and benefits, WE pay these three over a million dollars a year. Have they earned it? Have they increased your net worth? Have they increased shareholder value or even preserve it? Since there arrival, including dilution from a .50 pipe, ( see first and second above) we are all down over 50% since their arrival.
Those two factors tell me that these guys aren't well versed in OTC stocks.
Third, the building of processors takes a very long time and is consistently plaqued with delays. From parts delays, human error, debugging...
Fourth, repairing processors also takes an extensive amount of time. (processor one)
Fifth, government permitting is a slow process. Slowing the already anemic production.
Fifth, government permitting takes quite long...slowing down the already anemic production.
Now, individually these problems may not be that big a deal, but collectively, these are big issues for a company that isn't making and money.
Best of luck longs!! But let's not kid ourselves, we need open discussion. Keeping it civil should be absolute. But we need to start questioning.
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