Orbite Technologies Inc EORBF

RE:Shareholder screening at the door?

[ElanS2]

Itman,
I agree with you however the exercise was revealing. It was an exercise in transparence and empathy to Kelly's credit. The meeting went on until there were no more questioners/commenters.
Many of the "questions" were comments on personal situations. The second "questioner" went on so long that the moderator tried to cut him off. You needed to be present to realize that there was a moderator as she didn't do much as Kelly cut her off  to allow the chap to continue. Management is sympathetic to those in over their heads with their retirement money, but there is nothing he can do to control the market apart from trying to limit dilution and to save the company at the same time.
He was transparent in admitting the possibility of an eventual consolidation of the shares, but it was clear that he would only do it under his choice of timing, when things were going better.
He allowed all of those present to vent their frustrations. Good on him for that. It is evident that many of the "investors" did not at all appreciate the risk of the venture. Boudreault was a good snake oil salesman.