The problem with this company, like so many Internet related companies, is that it is heavily egocentric and revolves around, I believe, the CEO's original idea.
This makes it very hard for shareholders or the board to remove the CEO, despite apparently shocking performance, as who can carry this original idea forward?
As many have said; it's a good idea but dreadful shame about the execution!
I see they have made the Losers' board again with an opening drop of 12.5% after yesterday's open -16%. The volume of 300 shares for an impressive $4 (!) marks this firmly as a piggy bank stock IMHO.
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STRATEGIC ENERGY RESOURCES LIMITED
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