Fundamentally, the reason many people appear to have invested in this stock is due to the product being produced and the promise this product has to create revenue. It would appear that over the past 12 months, the product(s) being produced haven't changed substantially to what the original vision was. Where expectations haven't (yet) been met are timing and revenue, however both intrinsically linked to one another. If our expectations on timing had been met, we would be seeing revenue, but as they haven't, we are not seeing revenue.
I still hold my faith in the capability of what the original product has to offer - it's just a matter of time. Who's to say that the expectations of timing and monetisation by some weren't unrealistic in the first place?
In any event, I believe that the stock has potential to climb once more, and there's great scope in the near and mid future for this to kick off - the ship hasn't sailed yet. However, I unfortunately do believe that with the way this company has been managed by way of shareholder interface, that the climb back will be much slower - there won't be the same enthusiasm by investors, as they are weary of sub-par announcements not meeting expectations. From here on, an announcement that may have once garnered a 30% increase 12 months ago may only produce a 10% increase today. But this isn't necessarily a bad thing...!
NOR Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
