The issue isn't whether I should chill out. The real issue is to expect substance from GMV's announcements. "Easy tiger, simple mistake" is the attitude that got us here. It's the attitude that Brendan de Kauwe and Yacov Geva demonstrated with unfulfilled announcements like Hygea, Nasdaq, the Hong Kong listing -- not to mention deadlines missed for final reports -- and even Yacov's visa to Australia. There's a point where "easy tiger, simple mistake" becomes a pattern of red flags. Wouldn't you prefer a Board you don't have to make constant excuses for? On promises with unmet deadlines that they made in the first place? Major or minor, this company doesn't meet deadlines. How do we think their NMPA protocol is going? Constant succession of "simple mistake" plus "oopsie" and "sorry, the dog ate my lab results?"
GMV Price at posting:
10.0¢ Sentiment: None Disclosure: Held