Absolutely no grounding in reality.......much like the ramster's own constantly "changing business plans".
Does anybody know if this Kevin Douglas is neck deep in the AMSC/WPRT messes by virtue of having written put options on them or did he really buy the shares as an investment. The fellow is an enigma.
I still recall the day he was on CNBC mumbling that SD would double from $8 pps. MONIF is another gem he recommended. How do these market savants earns such a great reputation?
Good luck with your money.
In the earnings announcement they indicate that cash position is sufficient to sustain current levels of operations, but Demers has been known to fudge reality before. Cramer still has the long knives out for being lied to by Demers.
Gotta vote for the ramster as the incompetent swindler of the year!
I was drawn to WPRT by the compelling story of its potential, especially when oil was more expensive. Got burnt by Demers and other top management being utterly incompetent. The Weichai collaboration is doomed as in every case where you transfer technology to the Chinese, Is there any remorse in the cc or is Demers still behaving like a frat boy playing with other people's money?
That reply was so general that it was totally unhelpful. Do you have any insights into how their cash burn rate compares to their cash on hand 3/31/2015? That is what determines the timing of a secondary.
Even if the revenues/earnings are better than expected, any announcement of a secondary will be a wet blanket.
The chump ramster is flitting from one failed business idea to he next. The whole enterprise is an exercise in creative writing/fabrication.
on IGC in a timely fashion? That scoundrel ramster is having a good laugh at shareholder's expense.
Forget the cardboard toting beggar. All of IGC's financial statements may be completely fictitious. External auditor is an Indian fly-by-night operation. Board of directors is non-existent. The ramster must be busy sampling his pot projects to come up with these fantastic, wild-eyed schemes. He's perfected the art of a low-level, long-running scam which flies just below the SEC and litigation lawyer's radar.
Absolutely, positively no mention of any involvement with IGC in Midtown's website. Anybody have an explanation for this?
IGC has to be entered in the Guiness Book of Record as the longest running scam in US corporate history. lol.