GREY:LFDEF - Post by User
Comment by
skelterhelteron May 12, 2016 11:53am
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Post# 24866239
RE:RE:RE:RE:RE:RE:RE:D.D. 10 Page Report Out....
RE:RE:RE:RE:RE:RE:RE:D.D. 10 Page Report Out....There is ample room for criticism of management and performance given the disappointing HRC and the time it took to get it going. I'm not sure we can say they were outright lying but they were definitely misleading back in the summer about where they were with the camera operationally and it's capabilities. So far they have not really delivered operationally on any of the native UR technology in a way that we had expected.
In terms of ustomer demand etc., prop is 100% correct in that the proof is not (yet) in the pudding since everything keeps getting delayed. Lots of encouraging news but they still have not closed on their plan. The silver lining perhaps (deoends on how yu look at it) is that the stock market is also not convinved at all. If there was real evidence it would not be trading at $1/share.
The jury is still out but the differnce is they lost the goodwill they had last year on promises. Now they have to actually deliver in order for investors (vs speculators) to buy their shares.