What "Boilerplate" says:
Forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding future growth, plans for and completion of projects by the Company's third party relationships, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company's anticipated projects, delays or changes in plans with respect to the development of the Company's anticipated projects by the Company's third party relationships, risks affecting the Company's ability to execute projects, the ability to attract key personnel, and the inability to raise additional capital.
What I say:
Your investors were suffering from an initial case of FOMO, or Fear Of Missing Out, and now they are suffering from WITTSL, or Why Is This Taking So Long? (It's the adult version of Are We There Yet?) Start-ups, and "pivots" take years. You should have explained that to them very clearly.
What Warren Buffet says:
“Investing is not a game where the guy with the 160 IQ beats the guy with a 130 IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”
What Dr. Suresh Venkatesan said today:
"Continue to invest. Nothing, but up here."