Re: Hype is not what we need at this time..last word and then I'm done
posted on
Sep 05, 2011 03:04PM
Solutions, love that word.
With respect to a business and it's ability to generate revenue/profit, they must be practical, timely and marketable.
Looking at the last several years, we have an eVU that has not produced enough revenue/profit to show any profit. It wasn't until we had patent settlement income before we had an y earnings per share.
During the time we were marketing the eVU management decided to enhance the model with upgraded specifications. We engineered and spent months if not more than a year along with major expenses and finally decided that it was too expensive or that the market didn't want the redesign. Had management understood the market better we wouldn't have made that decision. No positive solution to that market.
Now we are in the middle of putting our efforts into Nunchi. We must trust that the decision is the correct one for shareholders and the solution to generating profits. What we don't have is any timeline, any specifications, any estimate of revenue/profit, what the market might be, and our ability to finalize the concept, develop partnerships, and profide for future growth. So far, it's a phantom project concerning the above.
Where is the leadership for growth and when can the shareholders expect to see a return on their investment.
Without more transparency, the shareholders are still blind to what's going on.