The thing that worried and annoyed me was the spectroscopy announcement came out 1 day before the AGM
It was the perfect distraction and uncanny timing
Otherwise SH holders questions would have savaged them at the AGM
There has been over 12 months now and basically bad news since then I would say
ERJ is worth nothing basically and quantify is .. well who knows ?
But the facts are we have lost 3 senior people in the organisation and that does not bode well
There have been lots of promises (revenue, more and better updates) and none have come to fruition.
Adding some more promises on the significance of spectroscopy deal sadly lacks any bite given all the other words of potential.
The only sentence that we are all skirting around is
"WE NEED SOLID UPDATES AND DEALS"
We have had nothing of any significance on either of these topics for over a year now
As you can see my passion for this stock has gone...although I still hold a reasonable amount
I am entitled to air my views even though some do not want to hear them
I wish I had of listened to my common sense after the AGM after I spoke to Terry personally
He picked up on what some had said on HC about detecting CO2 using their devices (global warming etc) . My instant response that CO2 is everywhere in our atmosphere. Its an abundant chemical, we all exhale it and its made just about in every organic chemical processes. Why would you use "the most sensitive device on the planet" to detect one the most abundant chemicals ? At which point Terry went silent.
Guys we need something from the PSY team Something more than FLUFF !!!!
PSY Price at posting:
12.5¢ Sentiment: None Disclosure: Held
(20min delay)