Do you have to follow a Nasdaq rule if you aren't
Post# of 30028
Posted On: 09/12/2015 5:46:10 AM
Re: All Aboard #20232
Do you have to follow a Nasdaq rule if you aren't a part of the Nasdaq and therefore not governed by their rules?
Just a question to put perspective on reading of any exchange rules.
In truth, you'd hope they would follow the rules whether listed or not because if they didn't, it could be a bad mark on any future submissions for listing.
Quite a conundrum AMBS has gotten shareholders in the last two years. Personally I blame it on Gerald's over-promising. Most everything he has ever said consists of timelines that aren't normal in the real world.
I've seen it with many execs in my life. Then a program/project manager comes along with real timelines based on real work effort and man hours required. The exec then goes into denial and continues the promises. Ego drives this behavior.
Many sales-people have the same problem. Promising clients things they can't even provide and then they torment staff to 'make it happen'. Well, we need sales people to sell or the staff wouldn't even have jobs so... No sense complaining about them for doing their job but when a CEO isn't being straight with an investor, that's a different story altogether.
The best CEOs follow the Scotty Engineering Principal. Under-promise and over-deliver.
Face it, Gerald has little experience and his role models were coaches that pumped the team up to go and physically perform. That appraoch doesn't work with money. Money only performs as a byproduct of human success underlying the long bet.
Anyway, my .02
Just a question to put perspective on reading of any exchange rules.
In truth, you'd hope they would follow the rules whether listed or not because if they didn't, it could be a bad mark on any future submissions for listing.
Quite a conundrum AMBS has gotten shareholders in the last two years. Personally I blame it on Gerald's over-promising. Most everything he has ever said consists of timelines that aren't normal in the real world.
I've seen it with many execs in my life. Then a program/project manager comes along with real timelines based on real work effort and man hours required. The exec then goes into denial and continues the promises. Ego drives this behavior.
Many sales-people have the same problem. Promising clients things they can't even provide and then they torment staff to 'make it happen'. Well, we need sales people to sell or the staff wouldn't even have jobs so... No sense complaining about them for doing their job but when a CEO isn't being straight with an investor, that's a different story altogether.
The best CEOs follow the Scotty Engineering Principal. Under-promise and over-deliver.
Face it, Gerald has little experience and his role models were coaches that pumped the team up to go and physically perform. That appraoch doesn't work with money. Money only performs as a byproduct of human success underlying the long bet.
Anyway, my .02
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