future for this relicneed to start over on this rant so that some of you faithful can straighten me out as there appears to be a lot of rose coloured horizons. maybe i've been a bagholder of this thing for too long now, seems like there is another complete generation of shareholders now that can't remember the hilites of what it means to be a Reliq shareholder.
i have this bad feeling that this thing is going into an existential black hole, there is countless competition coming out of the woodwork everywhere and RHT is goin to be left in the dust. oh yeah, tell me about how the iugo is best in class etc., that's wonderful, amazingly this was the story 6-7 years ago, yes that's years. from the tenor of what i read on a lot of posts here, a lot of the 'new generation' are thinking exactly what i thought in late 2017, ate up the 85% margins and 'massive' revenue about to explode EVERYWHERE in America. so, RR loads up(probably not as Ms P but) throws on the rose coloureds and starts thinkin about retiring on that 7meter beach.
then....outta nowhere, yikes! the beloved RHT is under seige from none other than a internal mutiny in TX trying to take over company, yeah that's right 3 of the faithful pullin the rug right out from under our illustrious CEO, let's have a show of hands who remembers this! lots of ugly thoughts come to mind, but the company couldn't even 'splain' what was going on or why! there never was a legitimate explanation of how this was allowed to happen. then through all these years this incessant 'rapidly growing' BS has been expounded by the company even though it's not even remotely happened, someone want to counter this? course, along the way through all of this the company gets sued for 'misleading investors' in the litigous states of merica and ....ooops, mgmt settles out of court for $2.5 in cash that would seem to represent a good deal of total revenue in 2022, not talking 2018! there is still nothing to justify 'rapid growth', just more announcements of contracts which i be getting pretty f**kn tired of now.
can somebody point to what it is that our CEO & mgmt have disclosed that everyone wants to keep the rose colour sentiment afloat? every financial it's some other excuse, someone else's fault, covid, papercuts, canals are drying up in venice next time! i know, i can hear it, just sell my shares and take it on chin, touche but....in most other stocks it woulda been taken out behind the barn and shot and we would be actually done cryin in our beer at this point. guess RHT is goin to outdo the energizer bunny. enough, but all of this has been on LC's watch, ALL and yet .....RR