Re: 10K... An observation of yesterdays pros and cons

Reply New Message

Prev Message Back To Forum Threaded View Next Message

richardo

Rank: President [?]

Points: 18061 [?]

Votes: 102 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: 10K... An observation of yesterdays pros and cons

in response to

Re: 10K...Outperformed?.... you work for GM too?

Benwaiting

posted on Jun 18, 2009 06:12AM

I don't understand a comment about selling from many posters on this board.

Have you ever invested in a company who had a bad quarterly or annual report and then sold all of your stock?

Have you ever had season tickets to a sporting event and your team didn't perform to your standard, then threw away or sold all of your season tickets?

Anyone can be unhappy with a SEC report or the pps and be disappointed, but that is no reason to sell the stock. They can still be hopeful that their investment will yield a long term profit.

Comments like this are worse than some of the so called negative comments made by some which are really a reflection of what is currently happening and in many cases a matter of fact.

I'm glad to see the improved annual report and the best ever year along with substantial profits; however a realistic appraisal of out investment currently shows that the Market isn't impressed with the fiscal year results as is reflected in the present share price.

I too am happy with the 10K, but disappointed with the markets evaluation of our stock. I'm also disappointed with the amount received from the six settlements, an average of less than 1.7 million. This is a reasonable assumption as the report stated the following:" By March 31, 2009 we had licensed and settled the litigation with six of the manufacturers..........."

I have stated all along that we need a settlement of a substantial amount, like 21-50 million or a partnership with a leader in the industry for the market to see our potential, invest in our company and move the price to a much higher level.

Until something significant happens, we just have to sit back and be disappointed in the pps, or perhaps many are elated not only with the reports, but also with the current price.

If you take the time to read the detail in the fiscal year report, you will see some areas of concern and the lack of transparency evaluation the patent income and related DM share and associated costs.