Originally posted by 22112215
I can't comprehend how any holder could possibly defend the conduct of current management. Yet anytime a concern over it is brought up its seized upon like its a personal attack on some posters descion making and investing acumen. It truly vexes me.
Then I realised why such a response would be made.
They have never been screwed over in an investment by the very people employed to ensure they are not. They have never been lied to and watched precious capital erode because of un-professional conduct.
Not having experienced that they are not aware or prepared to question management and ensure they are performing.
It's not that they are ignorant, they just are not educated in how the real world works.
Let me explain to those who don't.
A) Making sure the people that are running the company are held responsible will not erode either the s/p or companies prospects. The opposite will.
B) No-one in the stock market or any company you hold is to be blindly trusted or believed without question.
C) Great businesses can fail. The execution and running of the business can be brought to ruin by one bad decision or bad leader. Either intentionally for outsiders benefit or unintentionally through incompetence.
Those are just some basics but until you have been jacked hard by corporate incompetence/corruption you will never understand.
Don't take it personally, some posters when you criticise BRN are, but it's just experience when you have been in the jungle and know a little more about human behaviour.
Let me put it simply, by not questioning the poor behaviour being shown all that can be achieved is further poor behaviour until it ultimately costs the company.
By questioning poor conduct and selfish behaviour (share handouts, non performance etc), either they shape up or are replaced with someone who will perform.
BRN is an amazing technology, it should be treated with respect and responsibility by management to ensure full commercial benefits and financial appreciation for holders. By allowing sub par performance to exist, not only will the technology not reach its full potential but financially we are the ones who will pay for the mistakes of others either in reduced contracts or business achievements.
In summary, if anything is achieved so far I highly doubt from the previous behaviour of management it has been from their expertise but more so from the advanced science of PVDM. So far they have just ridden the coat tails of it and have been costing shareholders dearly for the privilege.
Nice post, but I have to take you to task on a couple of points....
After the scrap you and I had a couple of days ago I find this comment a bit rich.
screwed over on an investment, lied to by management or watched capital erode ….... mate I think you're on thin ice saying that about anyone on these threads. Especially if you include me in that. I accept that the SP is sheet, and that revenue from studio and the accelerator are both sheet. And the information to date from management on the disputed invoice with SN Tech, sounds to some on here like Louis' saying “the dog ate my homework”.
Oh and about our scrap the other day....Remember? You were demanding the Company release of results of the audit with SN Tech
y. I sense that you have an agenda to simply tear strips off management and anyone on here that defends them.
There are many holders on here watching this Company very closely, fully appreciating the risks, knowing the challenges ahead, and patiently letting management get on with it's job.