Is progress occurring ?

It is almost three years since Billy Blackburn took over the helm of Alexium International. Every quarterly announcement is positive and glowing in terms of how the company is doing. However in the entire time there has not been a single positive announcement deemed financially significant apart from the standard quarterly and annual reports. Promises of six weekly updates lasted 1 single announcement.

Messers Blackburn and Brookins receive more than US$400,000 per annum as well as director fees and shares at heavily discounted prices. I have no doubt they will have their hand back out when this years annual report surfaces shortly. Maybe just maybe both these two gentlemen will say you know what enough is enough - it's our turn to take a small hit and not accept shares in addition to our lucrative salaries - until the company does actually make a profit.

Somehow I think not.