Mark,

The fine line that you refer to in your post is not nearly so fine in the case of Vyta.

If any one of us as managers had an employee who failed to perform over a long period of time, we would have a tough time justifying his continued employment without some commitment of improvement on his part. Even if that employee were a long time friend, or maybe even a relative, we would be foolish to expect an extraordinary turnaround. I think most managers would be satisfied with modest improvement over an extended period of time. For that employee to make fantastic claims about his future successes would be somewhat unrealistic if there was nothing in his past to demonstrate that potential.

The negativity expressed on this board is clearly justified. My personal opinion is that it would be wrong to post anything other than cautionary messages until there is documented financial proof that management has indeed found a secret to its success. The realism posted here is intended to maintain a certain balance. Maybe a few of us say things that others don't like reading; but, there is nothing improper or factually incorrect in most of the posts presented by investors who have been involved for a very long time. Unsuccessful companies such as Nanopierce and Vyta don't care to have investors with such long term memories. Maybe it makes it tougher to recruit new investors; but, those are the people who should know the entire history.

The only "wearing" effect is that of management's lack of performance. And, in certain cases, it is clear that statements were made and actions were taken that were intended to benefit the company, and maybe even insiders.

Talk of recouping losses makes me chuckle. If this stock approaches $120 a share, it will almost be at the level of my first large purchase of Nanopierce. Now in the low $0.30 range, I would suspect we have a ways to go before I start thinking seriously about recouping losses.

All my personal opinion.

Jeff