Lol i've just walked in this arvo so only just seen all this so bare with me.
I'm not even going to argue one way or the other about any of this stuff. I have said I believe John took the roll he did so he can live in Asia again as as someone who chose the career he did to be close to his family as much as possible, I agree with that logic completely.
That aside, I'm not too sure why you have any problem with who is management etc, (and just to point out Chris and John Shultz are the biggest and almost majority owners now so they could likely hire and fire whoever anyway CEO or not) because to me management, name or not, can only be measured by the fruits of their actions. Only yard stick available IMO.
That aside, this is not Chris Woods first rodeo either.
"Chris also possesses substantial technology development commercialisation experience.
In 2003 Chris founded Neve Technologies Pty Ltd, a company which developed and commercialised an augmented GPS system for positioning vehicles in areas where GPS signals are severely degraded.
In the commercialisation process Chris established a joint venture with the University of South Australia. Neve secured COMET funding, raised capital and successfully commercialised its technology internationally."
And he and John Shultz used money made from that, 6 million of their own cash from memory, to design, create and get to the stage that it is now everything that is Xped.
To be honest they are Xped, to complain about them, with their own obviously quite successful history is staring right into the ponies chompers.
That aside, multiple MOU's heaps of connections, lots of deals in the works, very early revenue, sooner than a few months maybe, only months after relisting, not to mention the time frame of suspension being one of the shortest i've ever seen, and seeing people convert options to shares in under 24 hours?!!!
What is there not to love about how all of the management is running this. Also its Chris that stands and speaks at IoT asia and if we end up being lucky at the intel one in a few months it will likely be Chris again. Being a CEO carries more weight then too, along with his obvious expertise with the tech and very long and successful history in the corporate world and bringing products to the commercial market.
Its been said by others, if you are genuinely worried about management then its definitely a good idea to get out, I would say that about any company.
But I was really happy to see it set up the way it is when it was laid out this way some time ago.
I am still really happy with everything that has happened so far and the look of things in the future.
Plus, even where I stand now financially with XPE, well and truly in the green, I still see many many bags ahead. So I owe all these guys a beer or two. Hell a case or two would not go astray.
Just random blatherings and opinions of a random trader on the net of course. Everyone should do their own research on this.
But I have done a little over time, and I'm pretty happy where my money is, and keep buying more as it goes with a little smile on my face the whole time, watching the price rise.
XPE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
(20min delay)