Agree with statement until "I don't think this one of them"
After 5 years with an averaged down price of 31cents, there has been a couple of times over that period where there has been that confidence to average down (sucker me) and with such value destruction and for Managing Director to happily receive performance bonuses, so feed BS at timely intervals, quite easy actually, company in such a bad sate,easy to find some metrics to get over the line, turning out to a part of this strategy .
First reaction to your post is:
- new to stock, anyone who has been here for a while would not make such a statement
- new investor slightly burnt, talk it up and get out
Ann: Quarterly Activities Report, page-8
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