But the point that you made was that management could and would sell the shares of EUR for free cash flow before the SP of EUR reaches its true value. That is now a danger here for all investors of DLC. Right now the only value of DLC seems to be the shares that they are holding of EUR.
An open and willing to talk, investor friendly management group is needed for DLC and I am not sure they have the investors best interests in mind here.
No updates on 1-25 Wise Oil and Gas...............................
No updates on the core business of DLC................
No updates on future plans for the 11 Million shares of EUR...............
and not even a whiff of bio gas about future operations or new business opportunities..........................
My wife's investment portfolio holds at present over 23 million + shares of DLC and for some reason management will not spare a second to answer my simple questions. In my whole 40 years + of investing in penny stocks I have never had a penny stock in my depot that I could not ask a few questions of management and get a reasonable answer. Perhaps being an American has biased management against because we are more direct in our questions?
I am not worried at all about my DLC holdings as I bought them on the low and could wait until I pass on to the final countdown and not need the money but I would like to see some return before 2030 or so...... Disappointed? Sure. Angry? No. But sure am wondering what is going on here. The m.day and his management crew are very good at what they do but when is something going to happen with Delecta's SP?
Or worse case scenario, it will just continue to underperform and produce profit/products for the sex toys business of m.day for the next 30 or 40 years and just then fade off into the sunset......................