RE:RE:RE:Excuses, excusesMaybe a simple analogy for poet is that they're the "rotory engines" of their industry. Sinking lots of money into R&D with unreliable and zero commercially viable products. No one else in the industry understands or can work with the tech. Once you grasp this, you can understand the last 10yrs of the SP going nowhere and poet eventually going under.
wintersun10 wrote: The problem is they cannot close any deal. When selling the company wwith the same crew, they will still be clueless how to sell and get paid.
Poet needs a business savvy CEO to sell products, to sell financings or to sell the company. Its all a sales job. They are incapable of selling ANYTHING. They are incapable to sell the market on Poet, just check your SHEAR Price. Rabbitback wrote: Winter,
Adding a competent saleforce, a business savy CEO and a real CFO would only add to the cash burn. None of this is necessary when (IMO) Poet's biggest sale will be the sale of the company itself.
You can't do raises forever, at some point Poet will be backed into a corner and forced to shat or get off the pot.