Posted On: 11/04/2012 10:17:30 AM
Post# of 43065
Re: techisbest #1753
Yeah, I think it would be more than appropriate for him to release a state detailing the state of operations, the prospects going forward, as well as the most recent developments in Q3.
Current business partnerships, alliances, customers...
The man assured investors that he would communicate company progress and he has failed miserably.
The company had a credibility crisis of sorts prior to his arrival. Unfortunately, Rauber has done nothing to repair that. IMO he has made the situation worse. He stood at the podium and told everyone there he would release the location of the first RKT site "soon". Well, it's November. And all we have is info investors found.
Company operations in the Falls? Nothing. Again, investors like myself and others have to monitor the plant 24/7 to get an idea of how the company is progressing.
Now, if this were a big board company with a proven track record of profits and progress his silence wouldn't be an issue. But this is a small OTC company with a potential ground breaking technology with a history of volatility based on unmet expectations and changing game plans. Most investors aren't in a position to stop by the plant and see what is happening. They rely on the company and it's CEO to keep them informed. And IMO, Rauber has done a disservice to many investors.
Nobody wants fluff PRs. That's understood. But if he feels the company has accomplished nothing worthy of informing his investor base since his arrival, then what has he been doing since May? His compensation package is nothing to sneeze at. His COO's pay is comparable, what has he done?
I know what the Chief has done. I am fortunate to be able to see tangible proof in the Falls. And everyone up there should be commended. But really, is it my place to be the one to inform investors all over the country and world about company progress?
C'mon Rauber, show your loyal shareholder base that you have a grip on how to run a OTC company. We, the shareholders, deserve better.
Current business partnerships, alliances, customers...
The man assured investors that he would communicate company progress and he has failed miserably.
The company had a credibility crisis of sorts prior to his arrival. Unfortunately, Rauber has done nothing to repair that. IMO he has made the situation worse. He stood at the podium and told everyone there he would release the location of the first RKT site "soon". Well, it's November. And all we have is info investors found.
Company operations in the Falls? Nothing. Again, investors like myself and others have to monitor the plant 24/7 to get an idea of how the company is progressing.
Now, if this were a big board company with a proven track record of profits and progress his silence wouldn't be an issue. But this is a small OTC company with a potential ground breaking technology with a history of volatility based on unmet expectations and changing game plans. Most investors aren't in a position to stop by the plant and see what is happening. They rely on the company and it's CEO to keep them informed. And IMO, Rauber has done a disservice to many investors.
Nobody wants fluff PRs. That's understood. But if he feels the company has accomplished nothing worthy of informing his investor base since his arrival, then what has he been doing since May? His compensation package is nothing to sneeze at. His COO's pay is comparable, what has he done?
I know what the Chief has done. I am fortunate to be able to see tangible proof in the Falls. And everyone up there should be commended. But really, is it my place to be the one to inform investors all over the country and world about company progress?
C'mon Rauber, show your loyal shareholder base that you have a grip on how to run a OTC company. We, the shareholders, deserve better.
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