PINL:SIXWF - Post by User
Comment by
throwaway11on Sep 27, 2022 6:33pm
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Post# 34990717
RE:RE:RE:Where is the news?
RE:RE:RE:Where is the news?This. The phrase that actions speak louder than words is one I take seriously. Seeing how the top management was paying itself and spending on stock promotion services and then being diluted with an offering at 0.12 was concerning to me. Is having a decent amount of cash on hand not important to seize opportunities or deal with setbacks? Why not let owned shares and derivatives be an incentive instead of huge salaries? I have seen only two insider buys, both from Sokhie Puar, over two years.
Meanwhile we are still not even sure on the "if" and "when" of substantial revenue at almost 95% down from our IPO. If you look at old investor videos, the investor presentation, and so on, we've missed a crazy amount of goalposts. Understandable with all the resource, economic, political, supply chain and geopolitical difficulties. But then why haven't they changed their spending habits? Why don't things seem to be orienting around seeing the tech out in a timely manner? Do they think we are going to make it in time at all?
I have to admit I am having an extraordinary amount of trouble objectively seeing this company right now, but it feels like they are quietly taking a bearish view on their own stock while we are still trying to be bulls.