new director just another drain on the cash nc, page-8

Reality check Renton!

In June 2004 the stock was trading $1.40 - $1.50.
In a period of 2 months it boomed to $3.00.
6 months later (early March 05) it was back at $1.40.
It is now trading $0.55.

For you to assume all investors need to get to $3.00 is naive. Most have not and in fact many would hold an average price well below $1.40.

I agree that there are some investors holding losses on this one but not to the extent that you make out.

This is a very topical company. Many of the people who are holding a loss could have pretty much recouped it in the last two weeks when it traded low 40's and then at mid 60's.

This new director looks connected and high profile - a good aquisition for the company, corporate governance wise and connection wise.

Some of the rubbish I read on this board amazes me. Do you think the likes of this new appointment would stand for the frivelous accusations made by some renound posters of this forum? Don't think so.