Yes because the company has been less than transparent about the development and I believe have been at times downright dishonest. Hard to invest when the data is not apparent or is hidden behind smoke and mirrors.
Whilst I believe in the potential of the tech, I have serious and somewhat validated doubts about managements capability to execute on the plan.
I think the SP is strong evidence of just that.
So far along in development and we are worth significantly less than at almost any time along our development path, especially factoring in dilution.
So while I'm vocal about our poor leaders and their disdain for shareholders, and have been for some time, even while others were singing their praises (only to come to their own realisations recently), the potential asymmetric bet on the tech is what keeps me.
The company I see is (leaders x tech). Leaders are absolutely useless. Tech holds some potential. I can't bet on them in separation, so have to take the good with the terrible. But if we had good leaders, imagine where we could be. This is why I find some holders apathetic approach frustrating. Its less about the problem and more about our potential. Give us a proper exec team and perhaps watch 4ds fly...we shouldn't tolerate poor leaders...they are paid big coin, so deliver.
The tech may just end up promising enough that poor leaders aside, it attracts a big buyer.
Not triggered, reasonable question. Curious as to why you may think the opposite? Maybe I'm so jaded I'm missing a key piece of the puzzle.
4DS Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
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