I think you have unfairly characterized Savant as a pumper for the stock. Although there is no doubt he is a proponent I've never seen him suggest to buy the stock. Lets face it there are only 4 people on this board, so whats to pump. he continues to put up press releases. they tend to be positive.
"they simply don’t work and nobody wants them"
I have met Woody, seen a number of his inventions, been bombarded and watched sound directed like beams of light. No his inventions are truly amazing. HOWEVER, should you read a number of my posts on woody, I think that he is a horrible businessman/marketer. Inventions without market. PLUS he seems somewhat impulsive with his hiring and firing of presidents. If you want to keep your job don't cross Woody.
He seems to continue to upgrade his technology for one- off opportunities. Once he perfects it sizable orders never materialize. LRAD was the only thing that actually had much in sales. I'm guessing he got bored with that, had a disagreement with the CEO and they agreed LRAD should be spun off so he could go back and tinker.
"why does he take his inventions public with just another company , if he isn’t just in the business of selling stock and not product."
I think because he gets bored, the current Marketing person/CEO, wants to focus on what they have currently, Woody wants to tweak what they have or work on something else. No I dont think he makes for a good manager of ANY company. But he can run my lab anytime.
I have no idea why PAMT has gone up. Currently I'm out of the stock, but watch it out of past interest. So my question to you is......what made you come out of the woodwork? Interest? Short? bad day? I still know people dabbling in this one so appreciate any new downside thoughts on the subject. |