RE:RE:RE:RE:Interview Small Cap Investor from march 11Cdnguy81 wrote: VeritasVern wrote: Anyone have any comments on the apparent delay according to the info below?
VeritasVern wrote: Above is the interview with the German interviewer on
March 11, here is my take on what was said:
- In a few weeks we will finnish of production runs for Japan order (takes us to end of March)
- shipment takes 15-20 days but to account for small delays could be say 30 days so that takes us to end of April the latest
- Nu gets paid once it leaves the US dock as that is where our direct involvement ends
So from what I take from the interview, the initial product should have left the dock already and NU would have been paid. This is in contrast to the latest news release that is suggesting "rush" shipment (ahead of the initial) is to be sent end of May early June. As I the only one seeing a timeline issue here? What happended to the initial order if everything was in place and production was 2 weeks and shipment max 30 days? WTF?
Don't you already have your answer? I mean, the only people to reply so far are me and Newbie65, who coincedentally have been cautioning people for years to watch out for this company.
Ed and Ginger, definitely have not even acknowledged you, clearly because they refuse to believe the company's lack of execution is anything to be concerned about.
They are too busy identifying potential, and telling people to wait, and buy more shares.
Doesn't anyone else see anything wrong here, where the pumpers don't acknowledge posts like this? Doesn't it give anyone concern at all, in what they have invested in with their own money when a company like this tries to disguise a delay by turning it into a "surprise rush order".
So, let me get this straight, if you get paid a deposit, AND when you ship the order, why exactly are you delaying a big payment for shipping, by pausing the big order and finishing a smaller order?
These bone headed decisions are the latest example of the constant failure of Glen, who clearly doesn't know how to run a company.
But don't worry, nothing is wrong here. Keep waiting, I'm actually enjoying keeping track of this company at this point, just so I can keep calling out the pumpers for what they're doing.
Providing misleading information, not acknowleging the company's failure and encouraging people to buy shares based on no factual evidence that the company is doing anything to resembles "executing" any of these deals.
Cdnguy actually you do have a point, but I now just realize how crafty Glen is as the CEO and if I am right, I am losing respect for the guy. True he clearly has promised many many times in past and not delivered and while some of the delays are due to things outside his control like covid implications, I am starting to believe that at times he has deliberately mislead his base investors of imminent sales in order to get them to hold long and actually buy more.
I think the majority of the longs, at this point have legitimate complaints, excluding a few that seem to always make excuses for him, and the example above is clearly a cause for concern regarding timelines and a conflicting new press release, that has everyone guessing exactly what it means, lacks specifics and the volume and price action tells us the market clearly couldn't give a shlt about.
I think he needs to be more open with his base investors as going forward they are more likely to sell on news, rather than hold. In my opinion not a way to treat and reward your base holders, and build any bit of loyalty if there is any in this investment world.