Fair question. From day one I’ve said “the mountain will succeed despite management.” I’ve admitted, on many occasions, I consider my six years investested in MDMN as a failure by underestimating the extent of the BOD’s self-serving incompetence. I have many friends who have traded the stock and done exceptionally well but I regret introducing the many others who have taken a more passive buy and hold strategy.
The “shoulda coulda” is irrelevant and each new day needs to be an evaluation of risk/reward which I clearly believe is in our favor but I was adding at 5, 3, and 2 cents so what do I know?. The upside, IMO, is now closer to 10-20 cents. Still a favorable ratio but it will never make up for the opportunity cost nor the headache of time spent sifting through the criminal ongoings of our BOD nor the nonsensical evangelical optimistics who will be stay irrational longer than the market is solvent.
I bought my first shares of MDMN at .016 and imagine will add again at that level in the next few months before finally exiting with a decent return. Now that we only have one remaining legacy board member remaining, it’s finally time to focus on next steps over past stumbles.