Thought I would have a look a year back.
wow.
Karl has overseen a further SP cascade (plunge?) from 0.18 cents to nearly 0.06 cents.
I’m not going to gloat about not being there for this period, but this is the issue with a lot of these companies. All manner of promises, powerpoints, slick talk, and now you have to wonder how low can this go?
yes maybe the market has way oversold these type businesses, but Karl and his crew have had so long, in fact way too long to improve and the jury has long returned.
the only glimmer now is that being so oversold, it approaches undervalued territory. Still, it feels like flogging a dead, rotting horse. All IMHO.
good luck to those still hanging in there. God knows you’ll need it.
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Dear Karl, page-35
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