Post by
spstocks on Feb 03, 2015 12:57pm
reality!!
Ed failed to keep his promise to go live with apps. Once again investors were beaten with this delay. Now what is the reality?? Is Ed going to keep his promise this time or he is getting ready with another excuse?? No one knows. I believe business is all about right decisions at right times. I agree there might be an issue that would have caused this delay. But, i do not agree to the fact that there is no attacking on the issue that is causing the delay. A miss of deadline for one time imay be okay. Startup companies needs to have the business going in. They can not keep themselves busy building the foundation. Ed did one more time a mistake of not attacking the issue to go live this time. It would have been a great opportunity for him to show his leadership and to show that he has a solid patented product in hand. Now, with the current situation, investors are really really disappointed and even if you do any more PRs they will not only bring out this weakness but also beats the stock price. People have bought tons of shares on the hopes that he would release the apps. The investors will always play a pivot role in making/breaking the company and if you loose them there is absolutely no play left in it. The 'aquisition' excuse would have certaily lost many trusted and long time investors. Now, its very very hard to trust Ed until he delivered what he is supposed to deliver. Its not only Ed's fault but also the big crew he deployed and his advisors who made it look like a dumb play so far. Hope they realize and keep the company in the right path. GO MYEC