First off Great Post. So I too have been doing soul searching....

First off Great Post.
So I too have been doing soul searching. After reading your post I tried to remember how long I have been a shareholder. After hunting through paperwork I came across my original purchase. The 25th of January 2008 at a price of 28.5 cents. That's right I am coming up to ten years as a holder.
Originally I brought with the noble idea that I wanted to support a technology that I believed could be transformational for the environment. Over the next ten years I have brought in at various levels and averaged down my entry point.
I think I have stuck with the company because I have committed one of the basic sins of investing. I fell in love with the technology. Unfortunately I have fallen out of love with the management. There have been too many "false dawns." Too many misleading or ambiguous statements.
The conclusion I have come to about my investment is that I am in the fortunate position that I don't need to sell. I can wait and see what transpires.
We are after all only just over 12 months into the new company. I just can't imagine that all these partnerships we have will amount to nothing (lend lease etc). They surely must start to pay off. And fundamentally I still believe in CETO.
It would put my mind at ease if MO had a more focussed approach and spoke a lot less BS.
hopefully my patience (stubbornness) will pay off and...soon.....