Yes let's move on to some positivity.
I've been thinking about the CR seriously and have decided to commit. I am also applying for a full 500% allocation for a few of my accounts, and here is why.
- A company afloat is better than a company sunk and the company needs our money to continue to try and realise the opportunities in front of it (us all).
- I can buy cheaper on market but if I am going to invest further funds the prudent thing to do from my perspective is to provide cash to the business, albeit I get in the order of 10% less shares at the current price - I trust (hope) the company will do well investing this cash onto realising current opportunities.
- I believe in the product from all I have read, and believe it is truly a game changer
Now considering this, I did not gel with Ewan's attitude at the AGM - He came across as aloof, and didn't accept the concerns of shareholders with respect to current market price. This being said, I do know first hand how hard it is to sell new product(s). There are many obstacles to overcome. But if you do manage to crack it as Ewan stated, then we'll all be very happy.
Another post that resonated with me was
@Derek111 post, which was a very candid layman's point of view to the AGM. From another logan bogan (Cornubia) here, the conversation he had with David seemed open and honest, and with me never meeting management this shed some light on David as a person. I hope he is genuinely doing his best to progress and see our products - I think he is. He doesn't sound like a person that's sits around pulling in his salary with minimal effort.
Don't get me wrong, I think Management need to do better, and I believe the meeting results sent a shot across the bow for them to do some naval gazing, which I hope they do - Ewan needs to think about things.
So I will commit further funds in the hope the we do "Crack it" I think we are close with MB, and if this sticks it will lead to many more - just get a deal done with meaningful revenues.
(20min delay)