management made one very big error running this company. The relied upon one product and one customer.
The IP and patents they have are valuable. If they ivested into new products using the research then sky was the limit. Perhaps, a new company can realize the unlocked value SOI has. Using food waste bi-products to transfer back into the food chain is a massive market. The right people with the right know how can do well here - no doubt in my mind.
Management were thinking dollars before they got the idea right. Timms Cho must have a legal liability to SOI. This should be pursued. Some smart operators could unlock the soi value using Cho settlement proceeds. This company is just prime for an entreprenuer with mouse.
Who wants to join me on the new board. I bet we can have the sp back to $1 soon enough. Who's in?
Delaney could be buying time appointing the VA. In the end he had no choice -out of cash.
SOI Price at posting:
27.5¢ Sentiment: None Disclosure: Held