Re: Update on ongoing business, OLEARY
posted on
Oct 31, 2010 12:28PM
Creator of award winning eers custom-fitted earphones
First off, welcome to this forum even though your first post wasnt indicative of a supporter of the stock. Personally, I enjoy and appreciate good or bad discussion on a stock, BUT what I cant comprehend, is someone continuosly posting every negative they can with never an outlook on hope. Myself, if I get to a point in a stock where I think every chance of sucess is gone, I sell and move on, I dont remain on a board and continuously degrade a stock that I sold. I would consider this a waste of time and really can,t see anyone doing it. So, when this happens, to me it leaves two explanations;
1)someone hates management due to something that has happened in the PAST and they are vengeful.
2) the basher theory, to keep the sp down purposely to allow for someone to accumulate shares in what they think will be a good investment.
So, you call me a pumper, do you read the IFS,MAYBE,S, MIGHTS, HOPEFULLY,S AND IMO,S in my posts. I,m invested in this company on the beleif that they have something good and have a great CHANCE at growth/success. I will try to bring awarness to this small company,( with what I think has huge potential) because I am of the beleif that this company is only known by a handful of investors.I speak of future hopes and catalysts and post the positive facts, constant dd will/should reveal any negatives. There is risk, as with any company thats just starting out, some make it, some dont, I beleive we have a great chance for success, thats why I am invested in this company. For you to pop up here, tells me that you have some interest, and to me, that means that you are watching any future developements with this company.
I ask you, why do you waste your time in making this post here if you are not interested. Why are you concerned with the so called pumps and bashers of this stock. Why do you call me out, what is your intent? Do you think we dont realize the short term risks and you are trying to help?
We didnt have the success at the i-stage that I thought we would have, but that doesnt change my opinion of the company going forward. It would have been great had we won and would have added a step in the staircase going forward. The fact that Nick didnt have enough time to properly demonstrate the v-4, IMO contributed to the non-win. I think Nick went in to this competition knowing he would not be successful at winning, I beleive his game was to create more recognition. The fact that 3 of the 4 judges tried the v-4 after the show tells me that there was definitely interest aroused, so, IMO this i-stage was a success. The price you mention for the headsets is only a range figure and is not written in stone, a royalty figure for us is proposed at a constant not a percentage at this premature time. I watched a guy on BNN just the other day, where his earbud fell out constantly and wondered who manufactured that particular one.
I beleive there will be some product in some stores BEFORE christmas, the bulk will hopefully come next spring. Remember, Loreal now might be a part of our future with plants right here in Canada AND abroad. And don,t forget our other products that are currently generating revenue with the chance of new contracts.
Yeah, this is hope and forward looking statements. This is how RIM,APPLE AND MICROSOFT STARTED, and the early investors in these stocks saw incredible returns. IF we are successful, I will be very happy I got in early, IF we dont succeed by late next year then I may move on.