NEOGRAPH FAILURE...why aren't we surprised.
Thanx HUGUES. Another failure to add to your NGC resume. The real question that seems to be front and centre post your Neograph failure is, are you confirming mine, and other shareholders suspicions, are you really that utterly INCOMPETENT, or are you LIAR, or BOTH?
Didn't you just tell the world two days ago with our last pdac NR that "WE ARE A TECHNOLOGY COMPANY." You said that right? Yup...I believe you said it a few times...so where are we now? Neograph IS technology company...they have sales, they have customers, revenues...real people doing real things that other real people are paying for...a real business. So that's now gone…SO now on to Porocarb; apparently no sales, no revenues, no partners, no customers,…what exactly is the Porocarb deal and if no one wants to buy what they are selling, then who cares? Then years of doing something no one wants to buy? Is that your idea of technology company?
So are you basing the statement you made that WE ARE A TECHNOLOGY COMPANY on the sole basis of we have just licensed something that nobody wants or cares about? WOW.
Again, are you just that utterly incompetent or are you a liar? Or are you both?
Lets focus on the blatant incompetency....Neograph get's our graphite feedstock for all the wonderful high tech things they do with graphite...we are there only source of graphite because we are the only graphite producer in NA....do you really think that the Chinese would ever allow or grant a license to a company to supply neograph with graphite? A US tech company that supports the most likely US military in some capacity and most likely and other US automakers in some tech capacity etc...THAT WOULD NEVER HAPPEN. China would never supply or allow neogrpah to be supplied with Chinese graphite. So then, our loser of a CEO, our utterly incompetent fearless leader wasn't able to re negotiate a better deal with the leverage of being the ONLY FEED STOCK FOR NEOGRAP period. No graphite feedstock, no business….and Hugues couldn't get it done. WOW. Unbelievable. What a loser.
Now lets focus on the LIAR, LIAR part.........HUGUES puts out a NR today walking away from the only viable technology partnering company that actually is a real company re products with sales, customers, revenues etc...but says two days ago that WE ARE A TECHNOLOGY COMPANY NOW, his words not mine. So, at the time HUGUES stated that in that NR only a few days ago, he would have undoubtedly, undeniably, unquestionably known at that time of that statement, that NEOGRPAH was in fact gonzo, history…not happening etc….SO he makes a statement, a public statement, about a thing that he know just isn't true? WOW.
Now I'm sorry...we know next to nothing about the Porocarb deal...we know less about that deal than we did about neogrpah if that's possible. What we do know is that there are no customers, no sales, no revenues...and that's after ten years of product development testing, third party testing etc… It's more than a leap of faith, more like ignorance, to assume that the Porocarb DEAL is in any way shape or form, a qualifying whatever you want to call it, makes us a tech company. What a freaking joke.
So Hugues goes public and says we are a tech company, knowing full well that he is walking away from the only legitimate tech company in our toolbox….so my question to fellow shareholders, is it just utter incompetence, or is HUGUES just a big fat liar? Or is it both? I really don’t know, but what I do know is that the perception stinks.
Where is Greg Bowes in all this? Our chairman of the board? Where is our leadership? Non existent Greg...you must be like a 100 years plus by now in age....how long have you been milking the NGC option train for? Why are you still around hanging around the buffet? We have zero leadership in the company and our incompetence continues to be on full display. Rudderless ship floating around the ocean aimlessly.
Pav Joran? VP of communications...omg, what a joke. What does that guy do every day? He presides over a share price collapse from mid .50's down to .19 oh ya, he has a seat at the buffet as well, pay him and option him out...oh, and dont forget the two other firms we paid options to sink the share price even further! Two other IR firms, in addition to mr wonderful, and this is what we get. The worst messaging with the best assets. Disgraceful.
Hey, to all the long time suffering shareholders here on this board…can I suggest less time on stockhouse and more time on Twitter, or X. You guys need to be posting on every single news release or blurb they put out. X is a permanent record....more people see and read those posts than stockhouse. Public accountability…that’s what X is. It all gets back to them in some shape or form. We expect better. We need the BOD to stop up and hold these guys accountable. There are too many fat, lazy, old white guys hanging around and feeding from the management option, salary trough….with zero performance to show for their poor performance.
Remember, these guys are elitists....they all sit around the board room and make excuses, drink the cool aid, and back each other. They come up with the company line to hide the constant failures in performance and execution just to hang around long enough for another round of options, salary and bonuses. We need to voice our displeasure on X and ask for some accountability. This is a public company, not a private one, but these guys don't care about retail shareholders and run it like it's little pet project.
It's up to you what you do but no one should be okay with the way this company is being run, it's a train wreck from the top down.