Ann: Quarterly Activities & Cashflow Report, page-8

At least we have absolute clarity as to what the directors are *really* thinking: they have absolutely no faith in their own ability to execute material deals.

If they did, they would be backing up the proverbial truck.

The more I read Ron's letter, the less I am convinced that HMD is going to be able to strike any sort of material deal.

Words are cheap Ron, show us you're serious by actually buying on-market.

These guys don't have an owner-operator mindset. They're here to sell a story, collect their wage, maybe collect a few free shares via their call options, and call it a day.

It's woeful. Like, where is their latest webinar? How hard is it to upload a video? Its embarassing, truly.