@jlo2012"So you're upset that management haven't dedicated their time to pumping the SP rather than run the business."
That is a joke of a comment.
No one is asking management to dedicate time to pumping the SP. You really are scrapping the bottom of the barrel with these comments, despite everything I have posted, we will try one last time for you.
1. This is a listed stock, something all of you seem to forget. We are trading under IPO price and facing the potential of a CR next quarter. Dilution under 15c will destroy the register and create huge overhang. SP3 has not had a single broker tweet, research report, recommendation in 12+ months. When there are 2,000+ stocks on the market, shell trading at 5 times our market cap etc, I don't think it is too much to expect management to be on top of this. There is nothing "pumping" about engaging a broker to cover the story, release research and promote to their network. From the second SP3 were left to their own devices, the stock has fallen 65% from its highs, and now 25% under IPO price.
2. As for their running of the business, it isn't up to par either IMO. How much time, energy and resources were spent last quarter in lobbying the government to get the Shark Warning System rolled out ? We saw just four (4) rolled out all quarter ! The deal nets us less than $20K for the quarter by my calcs. I am sending inquiries through to both Darren and Peter regarding sales of potentially 4-8 thermal cameras ($52-104K) to multiple parties, and being ignored. Further to this, the single largest thermal camera sale I've seen to date has been $60K from memory .. this is woeful. SP3 themselves have identified cannabis as an ideal sector and target, any small cannabis farm would require 4-8 of these as a minimum, yet after 9+ months of supposed pitching, they still haven't got any on board.
"you appear caught up with short term SP movement."
Yet again another ignorant comment. The stock has fallen over 12 months from 44c to 15c, that is hardly a short term movement. Look at the chart ! Management are doing nothing different to what they did all last year, yet you suddenly think its going to change sentiment and the SP ? I've never seen punters with the blinkers on so bad.
I actually reached out to management again through Richard Wilkins. Said I was happy to sign NDA's, drop the S249D action, work for free and introduce these leads etc. The response was Darren is coming to QLD in early February and may be willing to meet with me to discus, however there are no guarantees. I think this is an absolute cop out. It takes 5 mins to call or send an email, why are potentially major leads being pushed back to February, and possibly not even being investigated at all.
Punters are happy with this sort of management style? The quarterly must be going to be red hot if they are that arrogant, lets hope !
