Hi there Ck - yes I did say it and I’ve said it for some time. The actual date is not as important as the steady positive progress of the past ten-plus years.; each setback has been met with a regrouping, followed by success.That path of rational thought and action has inevitably led to further advancement. This solid process is the reason for my confidence and optimism.
And FB plus a few smart people ( see the top shareholders ) keep funding it - always just enough to keep it going to the next stage of development, in expectation by management that success is soon and the next raising will be at a higher price, thus keeping dilution to a minimum ( although this has not always been the case!).
So, that essence of confidence by management, interpreted by me as I said, adds another major reason for my own confidence.
Each step along the way has been difficult, but the outcome has always been positive. And the Company reports need to be very closely studied, even between the lines… Fred does not make commentary if there is nothing to say. ( a source of shareholder frustration) but has pointed to the ongoing obstacles- and progress- as necessary, regardless of market expectations.
My own expectations have never been time-related, but achievement-related.
One more raising, soon, by the “usual suspects” and a demonstration of Gen 11 puts this into the mainstream global consciousness and no need for further shareholder funding,as the world will all want a piece.
what are the share price expectations? Look at the buy/ sell numbers on any day… if someone wanted 100,000 shares ( only $1million) , where will the price go? And what about 1 million = $10million, etc etc
Kudos to Fred for such minute dilution over the years. I cannot recall anyone, anywhere keeping a company alive and fully functional on the smell of such a barely oily rag.
Not long now.
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