RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Massive upside@steevee Glad to read that your average is only .39. I know it's been frustrating holding this for so long, but on a positive note, you are in a much better situation as they now actually have a business to build on with their latest move. The opportunity will be there for you to at least break-even as the SP readjusts to reflect the company's fundamental value and get a return on investment if it further adjusts upwards to reflect its underlying value if they execute on the growth.
@mikey I also understand your frustration, but I don't think divesting Elfiq was a bad business decision. It allows them to really focus on their core business with the most potential, which became the growing Microsoft DEM segment. For such a small company, it really doesn't make sense to be "a jack of all, master of none".
I noticed that you've mentioned the CEO doesn't hold any stocks. It caught my interest, as it doesn't make sense. It's common sense that for someone holding such a key position, there should be incentives for him to see the SP appreciate. So I looked into it..
Unlike some other insiders, he never bought on the public market, but he has over 2.6M sitting in unexercised share options, with 2.2M of them already in-the-money. He has another 400,000 out-of-money with an exercise price of 0.33. The CFO has 200,000 with an exercise price of 0.33 and another 250,000 at an exercise price of 0.40. Could the stock based incentives structure be further improved? Maybe. That said, at least there are personnal incentives for them to see the SP appreciate. I'm sure that they are wise enough to exercise their in-the-money options before their expiry dates.