OTCPK:MAUXF - Post by User
Comment by
torontomon Oct 01, 2014 12:21pm
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Post# 22986998
RE:Lies or Buffoons?
RE:Lies or Buffoons?"now targets" back then may not be the "now targets" right now..
"expect" means they hope so, it may not actually happen...
"target" is not a promise...
1). The company will only tell you the beautiful things publicaly.
2). They usually bet on people's short memory. They think most people is not going to remember what they said in the conference call one week after. As for the presentation, when new presentation comes out, most people will forget the old presentation.
3). As investor, you have to take what they said (CEO, Presisent, whoever...) with large amount of salt due to 1) and 2), double the time and money publically communicated for the project to be delivered, a title of CEO or President does not make it more credible.
It's especially true for juniors...