Re: great news! - Mark
in response to
by
posted on
Apr 13, 2007 10:08AM
Mark,
I accept your perspective, although I don't agree.
If one were to accept the obstacles that Nanopierce failed to overcome as reason to be more sympathetic to the outcome..... Do not many of those same issues apply to Vyta's new target industry? Why should investors expect any different in this case? Considering the claims of purchase orders in hand before funding of the venture which never materialized, and the promotion of sales to Mid-South foods after completion of the facility, which also experienced some sort of disconnect, there is very little to suggest that anything different is going on with Vyta.
Averaging down is an interesting concept. I averaged down several times with Nanopierce. If I were to continue down that path, I would have to consider averaging down on the prior purchases I made to average down.
I may purchase more shares in the future, or I may not. I can tell you with complete certainty that I will never buy more shares until management demonstrates its ability to run a successful business. I can still remember how excited I was at the prospect of success with Nanopierce. All of the opportunities, and all of great things that were publicized made me (and many others), a loyal group of investors. I can assure you that I will never make such a mistake again.
The posters who meant the most to me are no longer around. The points of view posted now are either overly optimistic, or (in my opinion) posts with a historical flavor that are made in response to the optimistic posts. There really isn't much middle ground.
My glass is 99% empty, or 1% full, should you wish to look at it in those terms.
I will continue to aspire towards civil, respectful posts. I can assure you, however, that I will continue to post opinions based upon past performance.... until there is documented success that warrants further consideration.
All my personal opinion.
Jeff