RE:no sales...no near term contract ..equals no demand... Hi BinBirndB4,
Thanks for confirming...the site makes it difficult to edit posts already made...
I'm new to the whole trading game, and of course try to learn everyday.....however, in the meantime, I try to base some of my investment decisions on facts...
With respect to no sales, no contract.... Isn't that the challenge/premise of most companies on venture exchange? Particularly, MOM at this stage???
Don't believe sales or other revenue figures pertaining to sales have been stated at any point actually...BUT.... the reason as to why I got in this year, was based on the milestones they announced at the beginning of this year TO ACHIEVE these sales and contracts....
...so I don't care to hear how people have been waiting for years....but prior to this year, did MOM even formalize or present a plan, like they did this year??? If so, I hope they can provide the details.
This is one of the reasons as to why I invested this year... so I fully know where they currently stand. Others should realize this too.
So knowingly this full out, why on earth would I even think there is no demand or no one wants the product? Doesn't make sense and don't understand why you would think the worst without any confirmation.
I guess half full vs half empty debate...
Until they confirm that the milestones were not achieved, then I can begin to think otherwise about their product and methods....(and be pissed...lol)
Can't say I have a few hundred thousand reasons like yourself (not even close, wish I did though ! ...lol) but this is the risk we take when investing at this point of the game (at least that is what I think) and buying into their plan, the management, the product....
Re: Jim Mellon, sorry for the ramble, but I can't answer that... maybe someone else on here can....but why not contact the company yourself? (you have quite a few $$$ invested, and definitely be worth it to ask them directly).
BinBirndB4 wrote: Until there is an actual purchase order with delivery of product I have no choice but to think the way I do. Not factual just an opinion based on sales to date. Darn spellcheck. ..that I'm at the end of the message was supposed to read ..- imo.. Hey, just FYI, I have almost a couple of hundred thousand reasons why I want to see this succeed as much as most here... I came into this position with eyes wide open so I will have nobody to blame but myself if things go south. But, I really hope that is not the case. How about some thought response see to whether Jim Mellon still holds a position ...