I don't think even another half billion would satisfy this guy.
I have been calling fgor his ouster for over two years now. It became apparent to me with the Pioneer deal and no large follow up. I still think the tech has a great chance in the right hands, not his. Stewie and friends tout his successes and I guess he has earned them, but you are right about GE and all of their support staff. It is hard to make a mistake at GE. It is the BOD's job to see these failures and protect sharholders, I think we may see some action soon.
My point exactly Lantern. I said just about the same yesterday. It only takes and understanding of the mind set of shareholders to make an effort on his part to soften the bad with some informative gesture toward looking forward to next year and the possibilities at hand. I saw no effort on his part yesterday. He appeared to be a beaten man. Sounded terrible to me. He just doesn't know what to do with the opportunities he has. He is unschooled and learning at our expense.
I thinkl he has lied and has hidden crucial facts from investors just to keep his dream alive, and that may turn out to be his biggest asset in the end. If he hasn't lied outright, he has failed to disclose crucial informatiion that would of affected investor interest and that is just as bad. I wish him success here and I hope to see this tech in the market place under the PicoP brand, I just doubt this guy has the credentials or the moxie to sell the whole package. My god, he didn't sound like a polished CEO yesterday or any of the other CC's I've listened to. He would probably make a good CTO, but he is not a good CEO by any means.
Your Basherboy is Alex Tokman jerk. Alll he had to say was looking forward to 2014 and it would have had some impact on us long suffering shareholders. He sounded like a scared little kid yesterday owning up to the fact that things aren't workiing out as planned. He should realize by now that when there is o analyst coverage at the CC he has dropped the ball big time and has generated almost no interest in the company. If you can't see now that he is ill suited for this job, you probably won't ever see it.
This tech can and should make the first to market company that uses it a red hot entity for a long time. It should and would capture market share in what ever product it is being used in. It would draw so much attention in the media that it would be everywhere in print and on TV. We should have big names lined up waitinig for us to hand them a contract. Just the benefit from an advertising point would make an investment in the tech worthwhile. Yet, as of yesterday, our CEO delivered a message to shareholders that we have no sales, little in prospects for revenue for 2014, and sounded like a scared little kid. My own personal opinion is that he is sorely missing the talent to sell the full picture to our perspective customers. Of the companies he has mentioned, Apple, Samsung, Pioneer, Intel, MSFT. etc., they all have the cash, engineering, and sales staff to bring this home and yet we haven't been able to get one to sign on.
The tech is interesting for sure to all of the above, but they all see something that holds them back from a sure fire investment. Lasers, size, power, you tell me, Tokman won't. You tell me why Ppioneer backed out and went another way. They weren't focused? Doubt it. Can't fault Tokman for lack of effort, he has spent all of his energies and countless hours living and dying over this.
Real pity when you realize what this guy has done and where we are. Good choice my friend. I wish I were smart enough to see this comming 2 years ago. What bothers me is that Karl has a better handle on our tech and on the business than Tokman does and that is disheartening. Nobody should be able to tell us how long it will take to integrate our tech better than Tokman and he does over and over. Enjoyed talking too you every now and then. Take care and good luck. This puppy is going a lot lower.
Dilution for years is not OK. MVIS will be there as Greece is, but will be worth little to the long suffering shareholders. They have to get a product to market just to make the platents worth something. We have no idea when that willl happen. We don't even have a design win at this point. I don't know what it will take in money, but will another half billion do the job? He thinks nothing of going to the well every few months and beats the heii out of the investors he thanks. Shares to us are worth .20 and he made no bones about, they are going lower and lower. Votewithno is correct, this guy is like a junkie on our cash. Looking at my other holdings Boeing changed commercial aviation in 4 years and reinvented the airplane. Half a billion and we still don't have a piece of equipment the size of a quarter or so. How in the lords name can you spend that much money on what we are showing, and still not have it right. I know all about investing in new techl and the time and money it costs, but I am watching new exciting cancer drugs being developed faster than PicoP. Hanging in there.
Gosh, I wish for nothing more. All the Tokman talk this year indicated disign wins and here we are and I feel he left nothing to hang any hope on when he closed the meeting. I too think he caught himself letting his mouth overload his #$%$ again. He seems prone to that. In thanking us longs he could of added something like "looking forward to 2014", it wouldn't of killed him. Just a little something to really talk about without promissing anything. The guy s lousey at this.
Yep, and if you take out his two brothers Senseless1 and Stewie who really just get paid to post here that makes 68 doing some work.
THe Doc needs to sedate Tokman, put him in a straightjacket and keep him isolated. He has become a danger to himself and the investing public.
I did that in 2010 with a Roth. $60,000 then is now $4,000. Good luck with yours. Tokman is the man. I hope it is "First and Goal" for you. He really fooled me. I remember him being so enthustastic then. Didn't sound anything like that today. Well, I will say that your birdy probably knows as much as that Jackwagon does so go for it.
So, what you're saying Buddy is that we are walking away with more haze and unanswered questions than we had before the CC. We don't know where in the heck we are in this chain, where we are in this whole supply thing, and where we are as far as the customers requirements are. A typical Tokman CC that allows him to pump up the usual gang and continue to dilute the shareholders promissing nothing in return. I'm sure there is a law that protects us.