It's tax loss selling season and I'd guess a lot of people have plenty of losses in this dog.
What amazes me about this forum is the number of people that don't want to see reality when it stares them in the face. This was obviously going down from a couple of years ago when Bill the billionaire quickly left after being chairman. He obviously changed his mind about the opportunity here, which a few of us kept trying to highlight.
Now the attitude seems to be oh well, bad luck, when luck had nothing to do with it.
What most 'believers' failed to realise, or wouldn't accept, is that the ONE thing this mob had was simply another ozone and hydroxyl generator, which is not unique. There are already plenty of these devices on the market. Most rampers here just didn't want to do the research that would show this, or perhaps some were company insiders just trying to hold up the sinking ship. There are a couple of rabid supporters that have gone missing...
The FRG unit appears to be slightly more efficient in energy use than other similar units, so what? The amount saved was never earth shattering, nor relevant to those using similar products already, in a market space that is not that huge.
IMHO the most likely outcome over time will be Somnio cutting debt funding at some point, basically folding the company that no longer has a point of existence. Somnio owns any patents, it just has a license with Purifloh, so folding the company would just save costs of listing. Then if anything ever did come of the tech Somnio would get 100% of the benefit.
It's tax loss selling season and I'd guess a lot of people have...
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