RE:RE:it doesn't have to be the bad newshi CB
I do welcome this kind of logical talk on public board. thanks for your comments first.
back to my comments:
1, I like the technology but I don't think EWI has enough resource to market it. especially in this venture market almost impossible to raise money here. but I still believe they might be able to find a JV partner or they can license their patten to some other majors. if they can do so, I would see this as a good opportunity to us shareholders to break even.
2, as a public company, they if they can find some other opportunities to put into EWI's shell which can bring revenue and customers and relationships, why not? the key is they need to have a solid business plan.
3, I don't think the stock price has nothing to do with index. although it traded like a private company and i don't believe its valuation is right by the market but a negative market will bring bad to worse. people will not have gut to hold a company like this.
4, back to my comparison of Bob and Danny, it's my feeling based on the conversations with them and their resumes. I have faith for Bob since he had raised a couple of million dollars after he took the CFO position and I think he is a very well connected guy with extensive relationships.
right now EWI's market caps is around 5 m. I believe they had invested more than 40 million dollars on its technology. I bet on it with what i can afford to lose. it's the nature of the venture.
GLTA
mew