RE: RE: RE: RE: RE: RE: If everything is so great? Investor_st8ofmind, what i understand is in the last year management has done a great job at building the user base and aquiring many investments for incubation or at an early stage. Management has done everything well in that area, no beefs there.
But last year with 13 million users we hit $3.35 (albeit too far to fast and can't really put a true value on it)
this year we have 165 million users and we are at 40 cents
Its managements duty to provide shareholder value, they have done that with many of the events and aquisitions that have taken place but at a cost. I communicate with DL as much as the next investor, its important that he knows where some of us stand.
At this point we are getting none of that value, we are losing value. The most recent announcements are the potential impetus to us getting that value but I, like many, now need to see the proof of revenue generation because the alternative is more dilution or a reverse split. If we don't voice our opinions then we won't get the value because we certainly aren't getting it now. Most people invest to see a stock go up and that's not happening.
None of you can deny it but you will. We can make all the excuses in the world but if you were the sole owner of the business and your managers weren't producing a profit then I'm sure you would put them to task on doing just that, especially if you the owner didn't have any money left to fund the business and couldn't get any lending. That's the point we are at. I understand they are looking at cashflow vs cash expense and ultimately that is what is most important.
Frustration at the stock price, to say the least. You get to a point where one sees that holding it only back to breakeven would be a victory and anything past that will be for everyone else. Hence alot of resistance all the way back up, so we need big things to happen before we will move very far because many people will be happy to just get their cash back.