Deena
Regular
Iseki,Don't take this the wrong way, but if BRN or it's licensees has a signed deal, and they are refusing to let the cat out of the bag for long term marketing reasons whilst the SP drops 90% they will have done the wrong thing by the retail investors. Insiders would have been in the know so could hold their stock, but outsiders left out to dry, and this hasn't been BRN's form to date. ie if there are NDA's then BRN should ask to be released from them.
1. I appreciate that you have concerns, and in particular about the decline in our share price over time. I have a substantial holding in BRN and I am also concerned about the decline ... but not worried.
2. A lot of shareholders are of the mistaken belief that the company management is responsible for the share price movement up or down. To quote our management - "The share price will do what the share price does." The management's job is NOT to try to manipulate share price up or down. I believe that this would be illegal.
3. I think you may not be fully appreciate the importance of NDAs. Without them we would not have relationships with a lot of major companies that we work with. In part, this is the reason that many contracts are deliberately written to include clauses in which certain conditions have to be met first. After all; in the developmental stage future revenues are unpredictable, and we must support and nurture these relationships in order for them to blossom.
We all hope that the share price will turn around soon. I am looking forward to seeing each new 4C which may herald the return to better share prices. Another 4 or 5 weeks to wait for the next one. lol
Cheers, Deena