RE:RE:RE:Russ Burton on Small Cap Power F-M-B, by McFly, I guess you’re referring to me.
You say, you would be less inclined to add in the .40's or .50's, it shows, you also have not much confidence in the CEO who promised
Jan. 2017 (22 month ago) promised $11-12 mill revenues with net profit of $ 3-4.
S-Cap-Inv Jan 2017 (8:00)
May 2017 (4 month later - 18 month ago) “guarantied” $16 mill rev guarantied over next 18 month $6mill net, split between 2017 & 2018 (1 month left to proof it)
CEO interview May 2017 (2:00)
Aug 2018 (3 month ago) promised profitable next ¼
Interview Aug 3 2018 (5:40)
In 2 weeks we will see if it’s true.
You said,
CEO, Mr. Mueller has got ahead of himself . This are promises, even guaranties, not projections
How many times can a CEO get ahead of him self before it becomes fraudulent?
If the CEO is getting ahead of himself, he has to correct it the next ¼ or as soon as he is aware of it , otherwise it is considered intentionally deceiving, misleading current and potential new investors
In a previous post you say, The only thing that makes a stock price rise is demand for it,
“true”.
What creates demand? Certainly not empty promises ¼ after ¼ for 2 years.
In a public company, it is the CEO who is accountable to the shareholders first and prove his/her trustworthiness, competence, qualification, and deliver what he promises, “guaranties” as he is the only one who has knowledge of the ins & outs of the company he is running, especially a small company like Sharc.
When the company is doing well, all will benefit, his family, children, grand children, shareholders and the rest of the population due to CO2 reduction
Your $ 100 mil ($ 2.60 a share) market cap is about right, would the promises been true.
I’ve a feeling, we’ll see a financing before we see earnings.