everybody who bought shares in last few weeks of months was supposed to make homework before buying and then he would see, what level of information you can expect.
if you was expecting more and now you see your possible earnings differently, then sorry, but that is calling risk and you accepted it at buying.
if you bought at 0.1_something, and you are not satisfied with AM, you are free to sell for 10 times more than you spend. or you can organize voting about some change.
my point is, AM is not asking for any new investment, so posting information every hour to make prices "fair" is not in the interest of EVERY shareholder. (as it cost men-hours) How much information get average shareholder of Google/Apple/... ?
Actually, we don't know whether they are asking for new investment, which is sort of my point. Are they properly funded to cover investments for the next 5 months? Will they need another capital injection in a year?
I agree, though, that everyone needs to do their own math. It can be easy to get 'sucked in' when there is a board chanting in praise. Im' perfectly comfortable with the amount I paid for my shares and I'll sell when I feel the price is right. Right now, I do not know whether the price is right, which is why I would like more information, not about what friedcat had for dinner or when he goes to sleep, but what happens a month or two from now, even if five months is too long.
Look, they've just said they needed a ฿2,000.00 deposit for buying more ICs. That looks like at least the start of something, so why can't they disclose what those ICs are for? Are they for the bees? If so, how many? Are they for new blades? If so, when will they come online according to the plan? If ฿2K is a deposit, what is the full amount and when is it due?
Right now, it's looking very much like they need more funding at some point, and if so, how do they propose to get that funding? Sell more of the BF shares? Withold dividends? Use backup money?
I don't think these questions in any way are unreasonable from an investor as part of determining the value of the company.
on the other hand, we should probably know at least few of other people that are in board and around Friedcat. Or in some other way responsible for AM decisions.
Cool, that's another very valid question, for example (if they don't want to disclose personal details), what are the dead man's switch implementations at AM?
.b