Posted On: 11/30/2014 3:48:40 PM
Post# of 30032
How am I speaking for management? I'm referring to how management has communicated to us based on what has or has not been revealed to us as shareholders. As far as whether the company is headed in the wrong direction or not, each shareholder has to determine that for themselves and act accordingly.
As a shareholder I understand I will never have all the information I desire, and at some point I have to have a level of trust in the quality management and advisory team assembled here. I won't pretend to understand their industry better than they do, no matter how intelligent I may think I am. I know that doesn't stand in the way of some shareholders here who question every decision. If a shareholder believes the company is headed in the wrong direction and continues to hold their shares, they have no one but themselves to blame if the company fails to execute.
Nice point about Apple, but this company isn't Apple. Gerald has acknowledged shareholder concerns for better communication, and I believe steps have been taken to address that issue. I agree with you that we're not there yet, and certainly not to the level of a company with the vast assets of Apple, and I wouldn't expect that of our company at this stage.
As a shareholder I understand I will never have all the information I desire, and at some point I have to have a level of trust in the quality management and advisory team assembled here. I won't pretend to understand their industry better than they do, no matter how intelligent I may think I am. I know that doesn't stand in the way of some shareholders here who question every decision. If a shareholder believes the company is headed in the wrong direction and continues to hold their shares, they have no one but themselves to blame if the company fails to execute.
Nice point about Apple, but this company isn't Apple. Gerald has acknowledged shareholder concerns for better communication, and I believe steps have been taken to address that issue. I agree with you that we're not there yet, and certainly not to the level of a company with the vast assets of Apple, and I wouldn't expect that of our company at this stage.
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