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To: scion who wrote (2218)9/17/2010 5:11:03 AM
From: scionRead Replies (2) | Respond to of 53574
 
JB would be a good employee but he needs adult supervision to actually run and scale the business.

buenokite
Wednesday, September 15, 2010 7:20:52 PM
Re: BeerIsGood post# 69761 Post # of 69843

Except he is off by a massive magnitude and this is not the first time. And if we are honest with ourselves JB has failed completely as a public CEO and that is a fact. Oh you can believe that JB is sitting on the next great disruptive breakthrough and that is fine, but he has demonstrated zero ability to monetize his ideas and the fact is the stock price is where it is at today because precisely because of his failures. He continues to lose key members of the board and management team. It is becoming an established pattern and that is a red flag. It is not naked shorters, bear raids, or some MM voodoo, but a failure to execute. And with all the landmines he has hit over the past year he still refuses to surround himself with an experienced public company executive team. That amazes me. How many more lessons does he have to learn?

He said he had a tape business, he does not. He said he was going to have a media event after the AGM, and failed to deliver. Last year he said he had patents on P2O, this years filings say they do not. The CFO said at the AGM they had no need for another PIPE and then the company promptly turned around and had one. He said he was going to uplist to the NASDAQ, but instead lapsed on his filings and had to declare previous filings unreliable. The fact is the CEO has a massive credibility gap and will continue to have one until he can consistently produce. Janice was simply pointing out reality. Reality is sometimes painful, but it can be costly to avoid the facts.

JB would be a good employee but he needs adult supervision to actually run and scale the business.

siliconinvestor.com



To: scion who wrote (2218)9/18/2010 11:29:33 AM
From: streetscraperRespond to of 53574
 
Well I think we should play the whole law suit down on here too. ROTFLMAO