I actually find #2 abrupt but to the point. He and I seem to think along the same lines on a lot of issues. I guess it's the time we've spent here. My view of Tokmans performance over the years leaves a lot to be desired, but we are still here and looking better than ever. I thought we would have a new name by now.
They took them in an 8 for 1 Reverse Split. They are issuing them to themselves and I would stop them if I could. They should have the same terms for themselves as they imposed on shareholders. I am a big fan of pay for performance. I have a ton and have averaged sown quite nicely. If expecting accountability from under performing management is crying, l am indeed guilty. I've been here too many years listening to this guy to give him a free pass.
This company in the hands of retail investors can't possibly hold any substantial gains. News has been too good and the pps languishes. Without a concentrated effort by management to attract Institutions and get our story out any gains will be short lived. Yes, we have had a good year so far, but we should be much higher. With Institutional holdings at their present level, Slumpy wins every darn day. Patent value increases every month, revenues are starting to flow, products are being introduced and we sit at $3. They have taken a lot of our shares for themselves, so it doesn't look like a priority as they are going to make it any way you cut it, but it is time for Tokman to step up and hit the big players and let them see the story. NDA's are killing retail. He has got to make an effort to get this over $5.
Most interesting. Funny how the Tokman admirers and critics all find themselves invested together due to Sony and the job management has done. On one side, the money makers who have figured Tokman out early and on. The other side, the suffering longs who held shares believing in the tech and the company's eventual success. The frustration the longs have experienced at the hands of the traders is understandable and the contempt of management is warranted when viewing the history of Tokman at the helm. Not hard to defend ones position either long or trading and enough powder to continue these arguments for an eternity.
My take has always been that Tokman did what he had to do to keep the company afloat and somehow get the tech to maturity. It is my fault that I invested heavily on his 2010 comments and have suffered big losses. I always felt that a CEO should know his product and the tech to bring it to market. I averaged down and own more shares than I ever intended, but not unhappy with the position I hold. Sony was the reason and the time to load up.
Regardless of ones opinion of this management, the facts are that we are in the best position of our company's history and about to make a huge impression on the market in general. The Sony deal was a Hail Mary for a limited ability CEO and until the whole picture plays out my opinion won't change. I still don't trust him, and won't until I see revenue and pps appreciation for us shareholders. He has taken good care of himself with my shares and continues to fill his pockets. The story has more chapters to read and the final one won't be written for awhile yet. My concern is that he made this company far too cheap and a cheap buyout is always hanging over this until we see $20, then I can begin to relax and evaluate management again. Don't have any time now for the arguments that seem to go on and on basically plowing old ground. We are all here to make money. Some seem better at it than others.
You guys keep saying that, but the guy above says we will wait till 2016/2017 to see anything and so far those shorts have had all the fun. Waiting a few more years sucks. RMD's don't wait. It sucks to have to sell shares well below purchase price when purchased on "First and Goal" etc, etc when Tokman was spouting commercialization back in 2010 and 2011. Relying on Tokman for accurate information has never worked. Those statements were followed by and 8 to 1 RS and Tokman is still stuffing his pockets with free shares and I don't know if we;re "First and Goal' in his judgement right now. I am here for SONY and the tech. Tokman and the BOD are smiling? (ASM) They got #2 approved, I'ld smile too.
I'm thinking someone is going to try to buy us cheap. Don't think the company will sell, but the pps is being held down pretty good on the news and patent value increasing every month. Of course that is just my opinion and I haven't hit a lot good ones here. Just looks too good to me at three bucks to just sit here waiting for something to happen. I wish Tokman and crew would try to get some tut interest and drive the pps up some so the offers will be somewhat better than chump change. Well, I'm probably wrong anyway.
Mirro7 has been here forever. He promotes this company and looks at it like a business, and that is something MVIS management doesn't seem to understand. Every opportunity management has had to put some support under this pps is squandered over and over. You can bash him all you want, but he is the one who cleans up the picture time and again when Tokman quips his way around investor questions instead of clearing the fog he has forever cast on where we are in the product cycle. No info on Cellulon, no DGL numbers, no sense of where we are in HUD. We just had an ASM and I didn't see anything new in the product arena. I had to come away with "they were smiling", and "he said we would be happy every quarter". None of the key questions got an informative answer as far as I can tell. I share Mirro's frustration with the same Tokman talks that say almost nothing. Investors need something to sink their teeth into. We need large investment funds to take notice. We have the tech, the products, and the partners. It wasn't that long ago that most of you said, One big name and we will be a $20 stock. Well, it doesn't get any better than Sony, and with their big investment, we seem to be worth three bucks and falling. I don't see Mirro trying to manipulate this pps. Looks to me as if he's got enough money of his own, and a wild guess, I think he might just be a decent business man himself.
Usual MVIS trust me nonsense. Won't know until we get a component order. Tokman said, Tokman said is our usual info. We need something solid. Cellulon is great with no advertising and still not available in big boxes yet. I want a name and a product I can go to the mall and see for myself. I want to see PIcop in use by consumers. I have all the Tokman says I need right now and when Q2 cc arrives I will listen and have as many questions as I will have answers, and I will be looking at quotes from CC's in 2013 and 2014 as validation of something or other. Shareholders deserve a break. INvesting on Tokman says, hasn't been real good the past ten years.
Well, I checked the NASDAQ site last week for Institutional holdings and found out that it was almost even between the number of increased shares and shares sold. That was at the end of the first quarter. I don't think ownership has changed much since then. I would hope that some of the more respected players in the pharma space are taking positions. Some have great reputations for picking winners and I don't see the names I really look for here.