Mark: Hmmmmm.....Can't really argue much with your rationale regarding "investing." Tis only a logical point of view, and one to which all(imho) subscribe. My only surprise is you think what you're promulgating is new and meant to "save the lambs?" HEH!! I don't take issue with it at all, but the messianic twist you bring to this thread is very interesting indeed, thanks for caring. ;-)
Meanwhile, as for the "promotors" of VLNC, not to mention alll the other stock threads that do the same.....well......I can't fault enthusiasm over potential since I don't see the threadster's here in the same dark light you envision. That aside, what people say behind pseudonym's is interesting, but, as for me, if I don't hear it from the mouths of the corporation, itself, and in a public, recordable forum, welllllll, let's just say ALLL is suspect. And by the way, even if from the mouths of said corporation, it can STILL be held suspect since I can point to endless examples of business subterfuge. So, having said that, just WHAT has come out of VLNC's mouth? Well, if you heard the call, or read the synopsis, then you know. I can understand your concern over the 10K, it's what caused me to jump into the conference call conversation in a less than well planned manner in the first place. When hit point blank about certain pages of commentary in the 10K it became clear VLNC had only focused on the financial section of it, most of the rest was treated as boilerplate and thus duplicated from prior 10K postings. I know, I know, "jeeeeez, just LOOOK at what that say's about the management!!" Well, yes and no. I've seen this happen time and time again with other issues more "respectable" than VLNC, too. But don't take my word for it, examine some of your other issues back 10K's for yerself. And quite frankly, keeping the verbage as extreme in it's "going concern," retooling(which is what they've spent the last year doing), manner, is acceptable to me because they've YET to prove COMMERCIAL viability of product, although their "beta tests" with OEM's have, from the mouth of the corporate folk, met with success. So better to err on the side of the conservative nature of the 10K, rather than risk a repeat visit from that wonderful subterranean(my interpretation of course, heh) tribe known as the legal profession.
Ah, well, but we sit here "sipping coffee" over little, me thinks, since when dealing with such a speculative issue as VLNC currently is, all point's of view are valid, eh? As for me, I'm hopeful they're actually gonna pull it off and be one of the first manufacturers to mass manufacture Lith-poly batteries. As a prior poster has stated, VLNC may be at that light at the end of a loooong 2 year tunnel. On a parenthetical aside, I'm currently accessing the "net" from an xDSL line, and need I say having T-1 speeds(asymmetric though it is) over twisted pair in a residential home is sweeeeeeeeet!!!!!!
Regards!
John~ |