"I think the trouble too many of us have is underestimating the complexity of running a solvent and profitable company and overestimating the ability of many of the people in charge of running those companies, (I'm guilty of this as well)."
I haven't been underestimating it.... hence my sell sentiment for quite a long time.
New management is looking more and more like old management.
This is getting super high risk now. I mentioned approximately 6 months ago (maybe longer) about the need for a capital rasing, or worst case VA (it was around 1.2-1.5c, and got hammered at the time). I'd say CR is a given, and VA starting to be a possibility.
I hope for holders sake, I am wrong. Just know your risks.
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