Post by
AUborealis on Aug 10, 2021 4:05pm
If the level of discourse on this forum
is any indication of what Bill has to deal with on a daily basis then I think he is underpaid.
Any investor that visits here should have realized a year ago that the Company was hamstrung 'as a Company' by the sheer size of the Control Position that the 3Db held.
Given RG's experience, he knew full well that there is no way in 'H' that this company was going to be able to play in the big leagues...Eg. a NASDAQ listing...carrying that weight.
So he instituted a plan. 3Db agreed. And here we are.
The roll out of the SDK package for developers to incorporate ALIIS into their products began 1 year ago...and we've been informed that there is uptake...Pristine. Providing a longer list is redundant.
All that remained was to let the 3Db position wind itself down to a reasonable level.
What many people here don't 'get' is that RG's management style is not in the 'classic Venture Exchange promoters' tradition....where an innocuous NR every week or two is required to 'prove' that they are 'making progress'.
If the blockbuster NR's of partnering with NVIDIA, QUALCOMM and ARM are not enough to create 'stickiness' in share ownership...then nothing will.
The '2020 plan' is playing to a conclusion.
As the 3Db share of ownership has been passing into 'other' hands the only questions one need to have asked and answered TO THEMSELVES is how much of it they wanted to assume and at what level?
Patience has been paramount in this process, and more may be required.
I, for one, couldn't resist taking another dip into the pool today.
The old saying is 'Bottoms and Tops in Price are formed on Volume'.
All I know is that this is definitely not a 'Top'.
Comment by
Henryford on Aug 10, 2021 4:59pm
Self Inflicted...Bill and Rich deserve to be questioned.