RE:RE:RE:RE:RE:RE:RE:Lisa CEO of Vitalhub Wow I post like 3 times a week?
I am replying to a CEO apologist as they have rightly been called.
Was my opinion correct or incorrect regarding percentages? Is it an opinion then?
How this will play out? Not one person? Mark it right. Financials are restated. Stock stays flat or goes down because it is a mess. That is how it plays out. If you are dreaming of some hail marry to save your day you are simply ignorant.
Tropicalsun wrote: Reggie1 wrote: You are from a different dimension alright.
Another week goes by and they still don't have the financials done and its been how many months? And for how many weeks has one not even been able to trade it?
You can talk about whatever achievements you want but the problem remains. You see, one actually in this case, needs to be one dimensional to focus on the problem. And once this company said they were going to be delayed you went to worse than a coin flip odds of something was not going to be good with this outcome. Then they delayed again and probabilities probably dropped to 80% chance of this not looking good. And if you held then you are not managing risk.
theinvestor22 wrote: I could never manage, nor was I ever interested in, being one dimensional either in life generally, or here in the investment world. One has to ignore a whole lot of stuff to be one dimensional.
For example, in religion, one has to ignore the fact that there is no evidence to support the contention that single deities, or multiple deities or even lesser deities (like saints) exist.
Closer to home, to state that Reliq/Crossley has failed to achieve anything meaningful, one has to ignore a ton of evidence, like...
- Getting rid of former employees who allegedly were working against corporate interests. (It's pretty unusual to have former employees pay their former employer for having fired them.)
- Resetting the company and taking the software from being a niche product to having broader and deeper applicability.
- Signing hundreds of smaller contracts
- Progressing to larger relationships and contracts
- Growing audited revenue and reaching profitability.
Not being one dimensional also means recognizing issues and limitations, like...
- Bottlenecks and slower growth than anticipated.
- Collections issues, not all of which have satisfactory explanations so far.
- CTO
My point is not to list all of the achievements/issues, but rather to state that one has to ignore a lot of info to focus solely on one half of the equation.
Now, mjhxxx has mentioned that whether or not the company stock ever trades again is the only question. Of course, that's not the only question or issue. It's just one more example of one dimensional thinking.
Of course, don't even get me started on hyperbole, which is also low forehead stuff.
Reggie1, here you go again wasting oxygen replying to a post that you don't agree with. However you instantly turn around and give your opinion based thoughts and precentages. Why???
Your just as bad as the investor22, except your on the other side of the fence. Give it a rest already, what is very clear is that not one person here knows how this will play out.