RE: RE: Important e-mail! Exactly. Even when the venture markets rally, the company either has no volume or goes the other direction. Either the company's management is incompetent or dishonest. What else could it be? Since Raymond has taken leadership, the company's share price has never gone up for any extended period of time.
I have no faith in him anymore. He needs to deliver revenue now, not next year. His suggestion that investors remain patient for next year's reorganization is basically saying, we suck at the tree seedling business and our financials will show it. We'll have to look at other agricultural opportunities to make some money. My guess for the reason why we never got an update on the seedling sales through the summer (as promised), is because they blew the Ordos contract and since then it's been cancelled. If how they operate their business is similar to their shareholder support, it means that bridge has been burnt. Rather than come clean, I bet something to that tune will be buried in the financials.
I am sympathetic to the small caps and investors of small cap venture stocks, but blaming this particular company's woes on the market is silly. Now Raymond's back is to the wall because he can forget about trying to raise money with a PP. He better hope he can mortgage the company's assets for the loan because they're running out of cash fast!