Hi muppet655,
No, I am not with Petra, I doubt they want to know me either. Just contributing what I can to the forum.
Been a shareholder for more than 2 years in AJX, I know how most holders here are tired with good reasons. My take here is that we have gone through the hype stage like many tech stock. The initial blue sky scenario lasted that much, and yes, it was exciting, it raised expectations. However, Wall Street is not Main Street, establishing a real business, gaining customers, building trust takes time and very often encounters failure. I feel we are now getting into the proper cash generation, profit making stage of a tech business. If you look at many tech start-ups, new pharma, some hype lasted longer than others, but when it comes to the stage of "show me the money", prices will recover when the real businesses kick in. The companies will then be valued on a different set of parameter.
We as investors are usually not the patient lot and hope events happens immediately. Companies are also in a position to compete for shareholders funding as there are other alternatives for the investors to put their monies in so they have to manage expectation and yet at the same time to keep the excitement running. Some manages better than other.
What I need here is the ability to corroborate the news. Say if the company announces a contract, they must be able to name the counterpart, or we are able to find an independent source to confirm. At least, if someone may contact Pegasus and we not get a "Alexi Who?" We would then have some level of comfort.
I have money put into certain investments that I could only get information from one source, it usually ends badly. In Alexium's case, I am satisfied that the business is real and we are now launching into the next phase. I will participate in the SPP.
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