Originally Posted by
j r ewing
i am a non-believer and haven't put any money in this myself. It seems somewhat strange that a company can continue in business for so long racking up losses, with no real growth. Maybe the new ceo can turn it around and make a commercial return. But the length of time before making the first profits would not have been sustainable without the access to new capital over the years. Shareholders put their money in, then either get diluted into insignificance or keep having to pump in more cash to keep wdt afloat. I doubt that such a model could work in a non-listed company, where there would be the necessity to deliver profits within a reasonable time or the company would fold.