All valid points andrewk65. It is unusual for small companies to admit failure. They usually just change track and reinvent themselves. The timetable is in the public domain now and investors will assess against the milestones going forward. Full marks to the board on putting it out there. I also see this as a sign that the board is confident of making progress.
Siestma and Hocking have put their cojones on the line. I don't know them but it seems like they both pulled big gutsy moves at the last CR. To me it says they BELIEVE. That will translate into pressure on the board to DELIVER.
Disappointed with todays price action and the fact that volume was so low.
As a silver lining, I think it reflects that the vast majority of holders are looking for 3x-10x last CR price.
Best of luck to all.
PYC Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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