Talked with SOLCO-Chairman Robin Forbes this morning. A short summary: the SOLCO business is in a stable condition. There is no more cash burning. Robin Forbes: “It's really a bit like starting a new company. You certainly need to look ahead 5 to 10 years and plan accordingly.” The company is negotiating with two potential new directors. Robin Forbes (70) will – as indicated – step back.
My opinion: the company is probably in a better situation than ever before. But time will tell the truth.
Warren Buffet: "Patience is a virtue !"
GOE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held