Going down with the ship! The way this stock/company has been performing, I think I have now made the decision to go 'down with the ship'. My average cost is around 12 cents, which is 400% more than the the current stock price. I don't think we will ever get to that level.
It seems that their sales staff has no 'balls' and are more content with providing the technology to others for free, for 'further testing hours'. Every news release they have, keeps saying that they have agreed on installing the technology for further testing with x or y customer. They are being taken for a ride (and us along with them). If potential customers can use their tech for free, why wouldn't they??
They have Plenty of operational hours and data. Now they actually need to sell. It looks like they are afraid to say 'no', and are more content with showing others the technology can actually work, than actually make money.
I hope i am wrong here, and only have about 30,000 shares.
What concerns me, is that if we get a big sales agreement, stock price may shoot up to 8-10 cents, but then the profit takes who bought at 3-4 cents will sell, and drive the stock price back down. I don't see us anywhere near the mid teen prices for a long time. :(