Couldn't have put it better myself. 12 months money in the bank...feet up, cup of tea, kitting a lovely vest for the nephew...bliss. Pie 'n chips for tea and a nice slice of cake.
BIT market cap has barely moved in 10-15 years and can only be due to a couple of things. Either the tech is garbage (and the universe has been given more than enough time to work that out) or MM (and by extension - her board) are utterly incompetent.
MM has been spruiking the next application of her pet technology for years. For what? The graph says it all. She lives handsomely, year to year, on downrounds that insult shareholders. Any board of merit would have bitten the bullet and sacked her years ago (even Cellmid grew some balls and sacked their founding CEO).
Chasing the COVID dream is yet another distraction. An illusion. A story to dilute you even more. It. will. never. happen.
Shareholders should not sit politely and doff their cap to a board of self-professed experts. NONE of them have any proven capability in commercialising technology. NONE. If shareholders want BIT to change, don't wait for MM and the board . Take action now.
