This is what is most disappointing. There seems to be a huge opportunity cost to all of this. Furthermore, there really is no good reason why we have not received the regional partnership update.
What could be a good reason? The company already said that it was imminent. Why is it not announced yet then? So, it was not imminent after all? Why did you say it was imminent then? Why couldn't you simply keep quiet about it?
All of these are questions that really do not sit well with an investor simply looking for proof that he or she has backed the right horse.
I recently checked on a previous investment. It is now worth 1 cent. A single cent. At one point we were convinced that we were the company of the future. How times and fortunes progressively change!
The only upside I see with PAR is that our SOI is still relatively low. That other investment had over 3 billion SOI. The low number of shares from PAR is one of the reasons I do not care much for a CR. It could never move us into the billions quickly. What is troublesome is the fact that it appears the investor pool is becoming either nonchalant or passively aggressive towards the company and whatever communication is sent to the public. That rings a little ominous. Yes, the product appears to be great. However, why is the SP where it is and a growing number of investors progressively becoming more disillusioned?
I wonder where all of this will take us.
PAR Price at posting:
28.5¢ Sentiment: None Disclosure: Held
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