RE:EVERYONE IN PRISONMetzger,
Non of us long term shareholders are happy with what is going on here but let's keep it civil. References to God are offside here.
I agree that the management and directors of this company have mismanged this company to a point that it is seriously close to going under.
We all thought Andrew Schutte and his father's company Mainpointe were the answer and would take the company to a revenue model from a reseach model. This did not happen.
Looking back with 20/20 hindsight where things went wrong is when the management/directors decided to go all in with taking Shiseido to Arbitration regarding the original contract. This Arbitration used up a substantial amount of working capital which could have been used to further advance the assets. Instead, it was a 2 year stall of the company culminating in a lost Arbitration which had the affect of being the death of the company. After the Arbitration loss the company was virtually bankrupt.
I hate this takeover deal but bankruptcy is a strong possibility if this takeover fails.
It pains me to admit that after close to 8 years of investing in this company my investment is completely lost.
Hey Andrew Schutte prove me wrong.