Re: To the regulars... These are our expectations!
in response to
by
posted on
Jun 29, 2009 09:59PM
Fuel Efficient and Clean Emissions
Ronz,
No one is listening. The regulars have become the silent minority. What others are saying are what others have said for 6 years.
I can only speculate that people like Murray Payne & John Hultink know how bad things are in Pickering and the stark reality that is there.
As long as they can afford to throw money at this, the better our chances.
The Australians call this a dogs breakfast. I don't need to bother you with the details of the history. At the end of this day they are still here. For how much longer is anyone's guess.
I believe this is a great example of a company functioning on a lost trust basis.
Steve Covey says once trust is lost, most companies spend most of their time, energy and resources trying to get it back. Most never get it back, and a small percent only are able to get a small portion of their original prospects to invest.
These guys never take the blame for anything, it's always someone else's fault.
I was told " We are the only company with third party verification" Well I don't know that for a fact and I don't believe the person who told me that knows that for sure either.
I don't run a business but, I would think the pulse of a company could be taken by the company it keeps and the irons in the fire. As I shareholder I don't know what these guys are doing other than burning through a lot of money monthly.
They announced they went to Europe for business. I guess they must have come back by now. But their never said how things went. Why? Why would you tell the public you went to Europe in the first place if you didn't intend to share the results of the meetings there?
CEO who cannot keep his word, re quarterly conference calls and updates etc. Why bother tell people this is what you are going to do and then never do it? Would you trust a person who said this and that and then doesn't deliver?
I am told people don't read these boards. But it's a funny thing, those same people who say that, are reading these boards.
I will give you a tip, so are prospective investors, potential partners and customers.
They are intelligent people and can see that something isn't quite right here!!!
Why are shareholders unhappy, they may ask? Too many broken promises maybe!! Lawsuits maybe!! CEOs who disrespect the shareholders (you don't say) maybe!!
Share price depressed (the economy maybe!!) Hy-drive doing o.k. 43 cents today with a product that doesn't work? How does that work again? They have a product the doesn't work but their share price is at 43 cents Dynamic Fuel Systems is at 13 cents today, "But we have third party validation" Oh right.
Hy drive has people who appear to be accountable and are not afraid to say "I screwed up" and remove themselves for the good of the company and the share holders.
We have a CEO and ex CEO or is he an ex CEO current chairman of the board, who seems to be in control or that's what it seems.
A company with two heads doesn't make sound decisions especially when the previous CEO was suppose to retire, or did he come out of retirement?
Financials that didn't record the sale of 80 units, Why? has anyone seen the 80 units?
So here we have it from the outside looking in, dis-function, unhappy shareholders, and a very hesitant customer base.
Until these fellows build trust back into this company, through it's product and build shareholder value this is the reality of the twilight zone we are in. Almost ready to take off but not enough trust power.
Have a good day.
Rogers