Ganesha, I didn't respond because I was embarrassed for you, I hate this silly back and forth. Let's be honest, your response was simply awful and amateurish. Lets go back and take a look at it:
- sell side is stacking up - pretty obvious given where the stock is trading;
- Company burnt cash - you agreed and referenced last quarter, which was a burn of 425k
- Company has never been cash flow positive - you agreed and said they would be in the future
- announcements are game changing & revenue generative - you agreed and said you took them at face value
- Revenue has gone backwards - you agreed but decided to compare yoy rather than qoq
- On revenue updates - asked me to wait until the quarterly, so decided against answering my question
- Chairman resigned - time to move on. Obviously, he quit. Great insight
- Greg Simpson stock - he sold 7x more than was required. Rehashing company announcement. Again taking things at face value
- The valuation argument - this is the best bit. You completely ignored it because i suspect you can't figure things out. Not worth a response? Why? What does it trade on? What should it trade on? What are your earnings forecasts? If you had some, if anyone had some, they would shoot me down. No one is. Please, someone shoot me down with an earnings forecast.
So you see, you're responses were remarkable in that you agreed with almost everything I said but you refused to acknowledge it. I am genuinely appealing to anyone out there with some intelligence - please respond to my post with a rebuttal that makes sense, actually disagrees (not like Ganesha who agreed but doesn't want to acknowledge) and is intelligent. This is what I feared, that holders cannot articulate the buy case which means that the company needs to do it for them, which they are not. The sooner the company realises that the shareholder base doesn't know why they own the stock, the sooner they will start to talk these deals up, which on the surface seem very very positive...yet are not being reflected in the share price. You need details, you cannot figure it out. The company needs to know this and you need to ask them. If you ask them, maybe the give it to you and the stock is a buy...if they don't, your arguments are going to have to get a whole lot better than what they are.
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