Do you want a reason why I have so little faith in this stock and its management? Here's why.
I am 95% down on this so far, so I am hanging in there, partially in the diminishing hope I might get some of my money back and partially out of morbid curiosity to see how badly a company can be managed and still remain listed.
Like Country Bob, one of the few people who has similarly been "invested" in the stock for as many years, I too have experienced management's failed promises, disastrous financing arrangements, "exponential growth" forecasts, failed distribution deals, IoT labs that produce nothing, silly global expansion plans, ALL of which have come to nothing. Throw in a ridiculously overpaid CEO, with a $1.2 million travel budget, the epic dilution of shareholders, operations that have done nothing but lose money, $120m racked up losses, a conga line of ineffectual directors, and endless excuses for failure to deliver on promises and you have the recipe for this SP disaster.
Show me where I am wrong. Or better still, show me a reason, any reason, why I should be an Up-ramper.
Just show me the money.
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