Re: New exempt distribution
in response to
by
posted on
May 06, 2021 10:52AM
again nothing has impressed the market and managemnet still continues to discourage open market buying of the shares which define value
Mgmt does seem to have a fundamental misunderstanding of how this works.
I wish someone would explain to them: If you don't want to give away the company, to which you are fiduciarily committed, you need a high market share price when you need to offer PPs to survive. And if you want a high market share price well you have to promote your assets to the market and convince it that you typically do what you say you will do. A News Release is not promotion! Its a fart in a wind storm. Constantly missing your own set targets and goals does not show credibility. It discourages the market and depresses the share price.
Its not rocket science yet there is zero promotion to the market and if anyone should happen to notice this company by accident they see nothing but a track record of excrutiating delays, underpowered failed trials, and years of 'pulling it out of the fire last second financing', and CEO hype about partnership discussions. Its a perfect recipe for repelling new investor interest and demoralizing existing shareholders.
JMHO