I agree with your message and the analogies to mining and biotech companies is valid. I hold and hope whilst in the red because I agree in the vision and a market that will require such a solution, but I have struggled with the statements along the way. Comments like "The best quarter of sales to date exceeding all prior sales and next quarter already looking better". This is not a direct quote, I didn't go back and fetch the exact wording, but it's what I took from company messages. At the end of the day, as with any investment, the investor takes a risk with money outlayed. The greater returns often come where the risk was greatest, but caution to all to not invest in such a company if you cannot afford to exit having lost most if not all. Lifx I believe has provided a bit of breathing space whilst regulatory requirements start to pressure businesses to comply, hopefully via products like Ohm.
BUD Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held