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01/08/23
03:23
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Originally posted by michelred:
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I don't think management is competent after analyzing their latest presentation - announcement in depth. Things could eventually turn around 'never say never,' but I perceive a high level of arrogance from the current board in their blunt request for such a huge amount of money, something a $250 million Market cap LI company could pull off. I believe the current board and management perceive their investors as stupid and gullible. Time will tell, and I can only hope they come back to the market with some down-to-earth announcements: 1. Changes in management. 2. Focus on the core. 3. Stay in touch with the shareholders. 4. Grow the business and credibility.
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yes i agree,about as incompetent as our govts,enron bp,and our millitary ive got a terrible decision to make ..thmks for a ballanced reply