do these ever make money

I have bought companies before the announce that this is gonna happen and that is gonna happen. I was hoping that Peelwood might get going or MB projects might actual do something and that we might have a company that starts earning instead of going from capital raise to capital raise. The management needs to follow through, if they could go to a Bank and the bank would loan them money that is actually a good thing because that means that they can make the money to pay it back but to raise money buy more stuff and never earn money is poor management the SP will only go up by the value of the acquision and be eroded by the operating cost which is the offices and salaries for the management which buys stuff make announcements and don�t manage in a way that makes money. This team is loosing credibility with me and this will turn around when we have a positive EPS. Not the only money going in the company being from our pockets.
I know this a very small cap spec but I do get disappointed at the hype. Starts feeling like a share I got out of years ago called Korab.

I made a bit of money out of this and was hoping for better things but am really starting to wonder.

Looking at how many people are now selling I am not an orphan in my thoughts.