I'm not jaded. I've been an investor for over 5 years. Yes, I'm in the red, and a bit frustrated over the past few weeks of sell downs, but I believe in the company and think it's a good investment.
I've stated many times the positive aspects of MX1, which you seem to ignore. It has a diverse range of products in development, in separate markets - not just medical devices which are notoriously risky and hard to crack. It also has a very good team. Although, I do think leaders are paid way more than they should be for a company not turning a profit, which is a drag on the bottom line and the SP.
I believe my point above is perfectly valid and objective. Have MX-1 ever claimed that Argus is a mine detection device? It needs to be completely still to get an image, so it would take a very long time to scan a larger area. Furthermore, there are better technologies for detecting mines. And how far can it see through a layer of dirt? If it can't see below a minimum depth, it would be unreliable because there may still be mines. Happy for you to prove me wrong.
MX1 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
