I'm still here because it is all that I still have in my IRA and it is a leverage piece in the event we have some kind of run because of the new money and investment groups involved in DYNT. My piddle will be worth more if I just hang onto my last couple of thousand shares a while longer. It is too late to cut my losses.
As you know, I'm not bashing this company but actually trying to talk to these fools through the message board. Junior is FIRST a Mormon and has protected his "boys" for long enough in this little podunck town of Cottonwood. Second , he is way over his head with marketing leading edge rehab technology into a growth industry. He blamed Obamacare for his(our) woes for 5 years until it just wore itself out----(the tax on equipment).. By my ranting, I'm hoping the new investors might read my stuff then do their own homework. I think we contributed to the dumping/sacking of Beardall, who was once called their guru by another high up in the Company. ( Indication of the prevailing personnel quality.)
Anyway---you're the smart one here and out of this miserable POS. My cost basis however is now down around .30 adj. and the stock is .55/share ---all other numbers are delusional.
Old Ranch would like to remind you of the definition of incompetence: DYNT run by Junior. The Company has seen zero successes despite the hype about the R&D expenditures which produced some very "gee whiz" products that were priced out of the market when expected to take the market by storm. We have a strong growth rehab market yet these bozos have never demonstrated that they have a clue to penetrate such a growth market. The word languish was invented here.
They sold a piece of property and now lease back but in the meantime have spent the proceeds along the way as they take on volumes of added products, few of which do they develop themselves. The Mayor is a big shot in his town and splits time between his municipal duties and his Company. Of late he conned some more seed money out of an investor and no fruit has come from that either---except those investors might take a closer look at this fiasco which did a 1:5 reverse split to stay listed on NASDAQ---our stock is now an adjusted 57 cents/share. So, thankfully we dumped the incompetent VP of Sales, many years late but dumped nonetheless. That is your 3 minute history lesson of how to bilk stockholders, lenders, investors and all in this little town of Cottonwood.
Wer still have 20 miles to go to reach the "target" price of $8/share or 1.60 for those of us keeping track of such spin and misrepresentations, The company got to this about 4 years ago. We are venturing out to International waters, about which we know nothing, to flounder further with overpriced products and a severe shortage of brain power and intellectual property. I see no relief in sight as we announce loss after loss after loss.
Too many mistakes; too many fools; too much involvement of Church with its inherent protection! Too long folks; going on too long. Surely one of the dweeb corporate folks will send me a message of negative "thumbs
down". Just know that we are on to them!
It was a great buyout candidate 15 years ago but then they got too full of themselves in "adding value". Think acquiror" was the byword then. We had offers in the 30s but it wasn't a good enough value then, so some said. Mistakes and poor judgement then; today lost sight of their original goals. Since then the old management is gone and the strong feel of "local" is gone. Too many locals walked away from their loans in 2008 and left us holding the bag. From 36 down to 2 in about 8 months. One of the founders in jail ; 2 others left; and bad loans by non-Valley folks condemned the company to languish.