Alas.....A desire to refresh passwords, combined with a change of email addresses has forced me to choose a new nickname.....God Bless Stockhouse! As you can see, I like to keep things simple.......
This company is unique. There is no doubt about it. It is the only publicly traded company that I know of that:
- for nearly 18 years has tried to come to market with a fifty year old high school science experiment
- spent the vast majority of $70 million dollars in the last 8 or so years on Selling, Marketing, General and Administrative expenses WITHOUT EVER doing any long term benchmark testing LIKE EVERY OTHER TECH COMPANY DOES BEFORE THEY GO TO MARKET.
- produces a new untested version every 12 to 18 months, the sole purpose of which appears to be to allow them to raise even more new capital.
- Has yet to provide proof of a single sale that has yet to be returned for repair or replacement.
This is what happens when you combine hubris with ego and plain old greed.
There are lots and lots of public companies that are not generating revenue with share prices that are 10X that of dynaCERT. Ask yourself why?
I think the answer comes from three sources:
- The product remains unproven. The concept is tired and worn out. The price is to high. The Return on Investment too long, and at the end of it all users are still polluting the be jeezus out of the atmosphere. Don't get me started on fuel savings!
- Managment has no street credibility. Not one member of the board or C Suite has a cintilla of experience in taking a product from zero to hero.......
- The market has moved on...... GreenTech is now interested in many new, emerging technologies that will make a true difference.
Whether this company ever figures out how to make a product that works as advertised is fast becoming irrelevant.
This team of goomba's never did what they needed to, or promised they would do which was to raise money and get the heck out of the way and let grownups run the business!
Hubris, Ego and plain old GREED