Well, I have always relied on Tom Trimbath for a level headed assessment, and he certainly delivered once again. Peter has done a great job with his blog, but it is always with a positive slant. Wishing and hoping for eight to ten years has been a grind and now we see management is doing the same. Like I didn't know it. Don't have to go to Seattle to figure Tokman and gang out, this guy is easy. Just when will shareholders demand accountability from him? I am amazed that there are so many investors who have lost so much money voting for additional compensation. Wow, what is the average IQ here in worship land?
It will most likely work out to Stocknut, Stewie, and Bull1 for the retail side and insiders and non voters should round it out. Management here really stinks.
What shocks me is that the patents are worth nothing after all these years under Tokman. They are valued at zip. The tech should sell itself. The use case is obvious and he can't get any traction. I don't think he had anything to do landing Sony, I believe it was Sony that landed Tokman on the cheap and I don't think they are done with him yet. I agree obz, it was the insiders and the non votes. I see there is only one so far owning up as a retail yes vote.
So, just about half of the investors here have figured this management team out and the other half are still walking in lock step in a daze. Well, by next year it should be almost 75% railing against this inadequate mess and maybe the complicit BOD will have to act.
Every time he speaks it goes down. What he considers good news is all connected to his accumulation of shares at investors expense. Just reiterating the guidance will drive shares down. A lot of Tokman supporters were convinced that he was low balling the year, but I believe he is trying to be honest and up front with investors. He has done his best and it has been a lousy attempt. We don't seem to have much until perhaps next year, and he has made that crystal clear.
Hasn't seemed right since the guidance. He has written off 2016 and the losses continue. He has not kept shareholders informed as to where we are with a ton of new devices being introduced. We don't know where we are with HUD which was a main attraction for us for years. We don't know anything about our relationships with vendors or OEM's. What we do know is that Sony is our only chance of survival and they treat us as a division of their conglomerate and Tokman as an employee who is not allowed to speak. Investors appear ready to revolt and a lot want a change in stewardship today. Does not seem right? No #$%$..
A lot of us have obligations that prohibit attending. I can't get a vacation any more and I would love to pose questions I have face to face. They sure don't like to answer tough questions easily avoided in print.
Nice thoughts, but I don't think they are interested in profitability. That is for shareholders to dream about, they are interested in keeping the water hose flowing with free shares.
Good reply double.
Not with that coach, what the heii are you thinking?
It has been that way forever #2. Management seems to have no confidence in their own performance to guide any higher. How many names have they dropped in the past that meant nothing. They will pump tomorrow without committal to anything and then dilute. The game is the same for Dopeman and crew.