(Total Views: 1259)
Posted On: 08/19/2017 8:21:10 AM
Post# of 96892
David understands the need for shareholder communication:
https://www.browardclerk.org/Web2/CaseSearch/
search case # CACE13003103
See LongSide case, page 28 from the 8/10 filing...
On Sunday, February 5, 2017, Dave wrote about the plan to remove the Paramount movies from Ultraflix:
We will prepare to take it down tonight, this is what will happen.
-- Our share price will plummet and we will lose at least 75% of our current value in the market
What we need to do to get out in front of this is
Send out a shareholder letter
--explaining the Paramount loss and efforts to restore
--explaining share issuances needed to take care of new management and employees
--explaining the step by step plan to recover from this
The shareholder letter should precede the takedown , but boy this is going to suck.
Although IR has "explained" the need for share issuances and "explained" a recovery plan to various inquiring shareholders, my question is why did the "take down" communication not happen despite Dave's insistence?
https://www.browardclerk.org/Web2/CaseSearch/
search case # CACE13003103
See LongSide case, page 28 from the 8/10 filing...
On Sunday, February 5, 2017, Dave wrote about the plan to remove the Paramount movies from Ultraflix:
We will prepare to take it down tonight, this is what will happen.
-- Our share price will plummet and we will lose at least 75% of our current value in the market
What we need to do to get out in front of this is
Send out a shareholder letter
--explaining the Paramount loss and efforts to restore
--explaining share issuances needed to take care of new management and employees
--explaining the step by step plan to recover from this
The shareholder letter should precede the takedown , but boy this is going to suck.
Although IR has "explained" the need for share issuances and "explained" a recovery plan to various inquiring shareholders, my question is why did the "take down" communication not happen despite Dave's insistence?
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