RE: more cash needed?
Carbon...
I want to be clear that I am not wholly negative on everything that is going on... I just continue to be frustrated by the fact that everything this company promises seems to drag on and on and on ... The stick holding the carrot seems to grow like Pierre's nose.
There are definitely some VERY VERY long awaited things that should mature or come to fruition within the next 90 days... We have discussed them here ad nauseum.... and maybe...just maybe... they can positively and permanently change the fortune of this company.
Its just so ridiculous to watch these guys BUMBLE along seemingly making the same mistakes that they have repeatedly promise to resolve.
I mean really.... what exactly was the purpose of the PLI press release yesterday on Hemosol and what exactly did it say ? I find that kind of thing beyond embarrassing for a listed company... yet these guys seem capable of setting new lows in PR every time they put out a release... We havent had a real and detailed update on progress (or lack thereof ) in HOW LONG ?? They stopped giving guidance ?? No conference call after the last Quarterly results ?? That is confidence building at its best isnt it ??
WHERE THE HELL IS THE BOARD GOVERNENCE IN ALL OF THIS !!!??? I can certainly tell you I wouldnt want to be on the board of this company given the potential downstream liabilities if this thing goes totally sideways... its a Class Action suit waiting to happen... and all of us will be leading the charge.
AGAIN I say.... the underlying technology should be our saviour here... because the continued fumblings and bumblings by management and their seemingly consistent INABILITY to execute good business transactions has driven virtually all value out of this stock.
ALL WE WANT IS SOMETHING TANGIBLE>>>> WE have been telling Pierre over and over and over for three years... sell some of the future to secure the present... He knows best