RE:Testing PatienceThe reason the stock is stagnant is very simple. Lack of confidence in the current board! All the current good news (such as getting exclusive rights for Johnex perimeter control explosives, the best in the world) has a foundation in the Board that was there2010-2012. They've cleaned up the mess they came too very well. In fact they did such a good job the the All Group boys decided to snatch control of itunder circumstances that justified the regulators investigation, and possibly some corrective actions. The only memorable thing thing they did they diluted the old shareholders to entrench their control which they would not be able to maintain as at the the next AGM they would not be as lucky as they were with the fluke of 2012 meeting.
And who are the proxy flunkies for All Group, in terms of business acumeen? Mr. T Eaton, who presided over spectacular collapse of retail empire that his forefathers built. Mr. L. Luciani who is a busy with his medical practice, and can't devote any time to the business, and haven't got a clue about explosives and does not have any other known business experience other than billing OHIP.
And the fundamental issue of integrity of the Board, starting how they came about (no information circular , no respect given to shareholders at large who simply did not vote because they did not know there was actual election going to take place. And this followed by massive dilution at a discount to the market to entrench themselves. Who knows how many goodies they give themselves at the expense of the bottom line.