LastShadow,
RE: >>I am curious though, at what stock price would you consider questioning whether the management team is doing a good job? $4? $3? $2 perhaps?......Where has he let us down? Oh, how would the current value of our investment be for an answer - and I think I can pretty much say that applies to just about any entry price at any time.>>
Just curious, but what price do you see as doing a good job? Had you bought this stock a year ago, you would have about a 200% gain. Unfortunately I did not, but that is life. Live and learn.
RE:>>The issue is whether that management team, and the plan they are working toward is improving shareholder value. To date, it has not.>> How can you state the above. If gaining deals with MSFT, QWST, Intuit, 11 carriers trialing, Wirelessknowledge, etc isn't improving shareholder's value then I have no idea what would be considered improving shareholder value. The deal with the devil, as has been previously posted, was for GMGC to survive. Had the deal fallen through, what do you think the shareholder value would be today (zero)?
RE:>>It does not take years to accomplish some measure of improvement to that end. It should be apparent quarter by quarter.>>
The base line for GMGC should be considered the 3rd qtr of last year due to spinning off DataRover and basically starting from scratch with a new product. Look at DELL, MSFT, and others and you will see a depressed stock price for up to one year and down by 50% or greater.
I will admit to not reading the convertible deal for the Series C, but that is no ones fault but my own. I strongly believe that is the major reason for the depressed stock. Now it is time for GMGC to perform and execute in terms of revenue. They will IMO.
There is much more behind the scenes than what we know.
Take care,
Kurt |
