RE:Nexoptic management deserves to be fired at once
you are looking in finite time. Sure a lot of time has passed with Rich at the helm but he is not the previous management. He has brought what he thought is the core concepts to the stage of monetization and abandoned the original design that didnt at this time be ready to be received. Poet faced the same problem and still does because the tech is quite unique and advanced in certain ways that as I had been sold on and still accept that it has to create its market. Now I will be fully honest my patience with Rich will be absolutely at anger if we dont get the chips out at some point this year there is absolutely 0 reason for this. We are on sixth months in 2 days since September 11th. That said I have given a price for a reason and whether you believe me or not no shares move until I get that price. I dont have any doubts whatsoever we will see chips out this year and whatever revenue they gain. When I had said earlier I would lose my patience that is true but that by no means is meant to be contradictory to what I am saying. Rich did not give a time frame so I am not drinking anyone's kool said as I am stating this not what I had been sold on and fully bought into. The only thing Rich said was near future well that is rather vague...what 1 month 6 months 1 yr it all is left to ones interpretation. My view was in first quarter this year and privately I mentioned this to a few people trying to honor my bet and really I dont like responding because I keep dishonoring that but you have accused Rich and grouped him with the past. Apparently there is a little more than we would like about this whole process. It is understandable we are angry because we havent had an update but what would you want him to say when the only thing that matters is getting that darn ever at this time elusive revenue going? Sure we can hear we are working on things they are going well despite the challenges of covid etc. But let's be honest how will we take that in the end? Many will say bs just more excuses and will at the end of the day not feel very much different than they do now. The best and only thing to do is sit and wait or I hate to be this brutal especially when I said I dont want to tell people how to manage their business but I will lay it straight out there sell and move on or whatever. If you really feel like this is a crooked dealing get out of it take what you can from it reposition and move on. I have been learning not to lay blame on anyone or anything but myself because at the end of the day I hit the buy sell button or just hold. I find when I take that responsibility I am always further ahead. I made decisions which had I kept my shares I would be way way way further ahead and that has been more the rule and the reason I am holding strong in my positioning. In ACDC I held designated shares for a dollar strike point it traded as high as .95 today got hammered to .68 close I will not move shares less than a buck. In mrs my initial first consideration to possibly move shares was $2 but I would push and push for my $10 as that is what I desired. I averaged at .10 and i have no doubt there is an internal power struggle going on and the shares because of that suffered. I know on damn runs you will likely see pull back 9/10 i also had a strategy that i violated for my so called ridiculous $10 the shares hit .47 and dropped to .30 before slowly getting to .40s again and I still hold my damn shares that is the balls I have nowadays but last year I was flip flopping on numerous things that time is over!!! I cant tell people how I will move if they ask I have varying things I will do so there is no way I can even fathom to tell anyone else what they should I can only talk about experience and pragmatic moves like yes take your profits when it is there. Look I talked to management in Poet he said to me very clearly if you have a plan stick to it. There will be times you will be tested and tempted trust me I knew at .47 mrs was likely to pull back I was tempted to sell I didnt. Had I would it be the right move...strategically in the near term yes. Then you may sell and things run you made your money why lament the lost further gains especially if you hold a core if you dont you still made money. I will put this very bluntly only di'xxbash stocks for regretting selling early and wanting in cheap. I have said so called pumpers are equally bad in their own way of doing so to sell I tell my strike points usually I dont hide them as I have said here mrs acdc anywhere I do and I try to keep my comments as neutral as I can now adays you should read what I say about acdc in a nutshell the company is really the face of a Chinese giant Rich Power not very flattering to Acdc management I am sure I dont mince my words but the past is the past the present I have no desire doing anything but what I said and I take it square on my own shoulders. I wont bash to buy cheap I see I can make money I buy in. I didnt say anything at all favorable about this company because like many of you this company needs to establish revenue so favorable in the sense that this deserves to be trading better no it doesnt regardless of new management Rich is with us what nearly 2 years no revenue still this March. But I still respect the tech and see promise that is why I bought and traded off a sure thing to buy here not listening to the same person who told me to sell this when this was $3.76 as well as crashing...the person in finite terms has always been right but the story is far from over...do I think this can do $20 yup but let's first see the chips out and selling we will talk then. But as far as what I said whether the company gives an update or not I am not satisfied until I see the chip in market and I know for many others they will feel the same but for those who do things the right way in a accordance to laws of attraction they will celebrate the progress news and while I will not be fully satisfied I would too. At the end of the day folks stop blaming anyone but yourself if you ever really want to see massive amounts of monies you will get it when you do. Anyways the story hasnt been written yet and had it not been for Richs steller record I would have dumped all my shares. I honestly dont think he will live with himself as you may think if he takes a hit here...but maybe I am wrong time will tell. Sorry I needed to get this out and again no company cool aid not this time not ever again I am remember loy to making money first and foremost and secondly if I respect the company not necessarily management the tech and see potential I will buy in...why not management well it goes down to transparency and what I have said about updates but it is almost damned if you do damned if you dont. I dont want or need fluff news but I also do agree maybe one every month or at least every other one is good just to see progress but management is not legally obligated as to my understand to issue anything outside a quarterly filed in the financials on Sedar and that is how mrs has done quite a bit and that too certain contracts but people who defend the company say you look at the government contract site it is publicly accessible that is true but I always have a tough time getting there and info should be easy to the layest person but I did say given all the shenanigans with the company I dont blame them if they deliberately make things hard to get to. Well this story is far from over and I am watching through this year but regardless my hands will not move less than $10 a share whether one believes me or not I know. I will let you know if I flip flops but now I really need to get off. Rocky I did this because you have called me a liar and that I am not so honestly speaking you pricked me there I had admitted to all else when I left the first time and as I said I thought this was behind the one thing about me on all the boards I always played it straight and that is what I intend to do through and through.