There are no founders of this small cap. A hired CEO can only *guess* what to do next. I don't mean that as an insult. Meanwhile, well monied outsiders can get away with telling the CEO what to do. My greatest fear in this investment
I honestly don't think it's as benign as him just being stupid. I really do believe that he is deliberate trying to crash the share price for his and the boards personal gain. Think about it. He has had his job, what, seven or eight years now and in all that time he has done nothing, absolutely nothing, to bring shareholder value to this company. More than that he seems to have done everything in his power to deliberately sabotage the share price.
It is either that or the man is so monumentally incompetent that he probably wouldn't be able to breath on his own. Stupid is one thing but Tokman's performance is something else entirely. The stock market is at multi year highs while Microvision is sitting at its all time low. It closed today at a true price of 19 cents. There is not a person in the world who thinks that Microvision is close enough to revenues to make it worth buying a boat load of shares for 19 cents each.
Incompetence like that takes a great deal of thought. Tokman and the board stand to make a lot of money if they can take this share price low enough to but it out for pennies. I have said it before and I'll say it again, Tokman is stealing shareholder value and has been for years. So far he has stolen half a billion dollars.
Microvision stock will never go up significantly simply because while it's a publicly traded company Tokman and the Board won't allow it to go up.
Mommy, that AT is no good. No good. No good at all. No earthly good whatsoever, Mommy! Can you please tell Boss Man that I am posting what he says to post, several long paragraphs at a time? He should like that, Mommy. Yes, I know that he likes you not me, but I'm the one down here in this cage, Mommy! It has been a long time since anyone said "Bring up the gimp" and it is cold and lonely down here. What do you think, Mommy? Mommy? Mommy? M O M M Y !