I'm sure Daly is being up front and I reckon the market has it right. You can't just ignore history because a new CEO has taken over. The market ignored history when Clay took over and look what happened. Once bitten twice shy. The only thing the market is not giving ZYB now is the prospective premium that some of the other speculatives in the space have. In the end they all need to achieve the same result to sustain whatever marketcap they've been given, bonafied measurable progress leading to revenues and then profits. Any of the previous companies you have mentioned could end up with next to nothing marketcap like ZYB if they don't achieve, it's just a matter of how long the market gives them.
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