Actually that is not true. The managment has changed completely. When I first bought this stock back when it was RYG.....CW was going to be CEO and there were many others who are no longer involved with Xped at all now.
Things changed considerably over the last year and while I agree that some of the comments about the CEO were over the top in some cases....The company today stated that shareholder and market communications have not been their strong point and they were going to work on getting better with it. Very positive news considing that XPE Announcements were originally gold and very good. They deteriorated over time and that left holders both perplexed and in the dark. I hope this is a turn around period for them.
I have never doubted the tech itself. I have researched it heavily and I think its outstanding...so that has helped keep me in this stock as an LT holder. I posted about the release of the iOS app stating that it was underdone and needed work.....I think they know this too and will work to make it better. I believe they will do this.
I also think that the stated move into the health industry is a good one. The path is pretty clear here....an ageing population and massive uptake of technology solutions will be coming to this area very quickly. The only way to manage the enormous costs of aged health care is through innovation...simple as that.
The future may look good for these guys if they stick to the plan and focus on the tech and its attributes/abilities to provide to the service industries that require it.
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