Sunny, TECO takes the cake when it comes to "the
Post# of 39368
Posted On: 11/09/2015 11:14:30 PM
Sunny, TECO takes the cake when it comes to "the OTC script"!
I've always had the mindset a company should "shut up, put up, and then speak". Of course if a company isn't "putting up" then they shouldn't speak but stay quiet. That doesn't mean they can't speak to any "reasonable plan" with the if's, and's or but's added into the plan's script for clarification and expectations. If a plan isn't reasonable then the plan will never be executed in a reasonable timeframe so why would a company publicize it? TECO has a history of publicizing unreasonable milestones and "ALWAYS" failing to deliver on the milestone and then never giving specific reasons for the milestone's delays or it takes a shareholder's due diligence to find out TECO'S failure to execute on the milestones. Then TECO adds insult to injury with these latest premature 8K's and the possibility of failing to deliver on this so-called reorganization. What astounds me is the 8K's were filed in the face of an SEC investigation while still not being prepared to quickly act on the 8K contents. They have the bowling balls to file a premature plan which includes the RS, name change, etc, etc and then update nothing for months. Let's say those responsible for filing those 8K'S came across information that didn't allow them to immediately follow through on the actions the 8K'S implied. Then why would they file the 8K's so prematurely? Why not wait until T's are crossed and I's are dotted before filing them? Incompetence? Other agenda's? Why don't these so-called professionals running a public company know what's involved to complete the milestones being filed in the 8K's? I can hear the excuses now i.e. "we didn't know filings were required to RS", "we didn't know the SEC required X, Y or Z prior to filing for a new company name, new ticker symbol or new CUSIP", etc ,etc. The excuses are endless and so rather than continue with excuses for these numerous premature announcements and continuous failures; it's best to be quiet. I've had it up to my eyeballs and beyond with the BS and stroking of shareholders. How do shareholders continue to believe any words whether in a PR, email, text or phone call?
I've always had the mindset a company should "shut up, put up, and then speak". Of course if a company isn't "putting up" then they shouldn't speak but stay quiet. That doesn't mean they can't speak to any "reasonable plan" with the if's, and's or but's added into the plan's script for clarification and expectations. If a plan isn't reasonable then the plan will never be executed in a reasonable timeframe so why would a company publicize it? TECO has a history of publicizing unreasonable milestones and "ALWAYS" failing to deliver on the milestone and then never giving specific reasons for the milestone's delays or it takes a shareholder's due diligence to find out TECO'S failure to execute on the milestones. Then TECO adds insult to injury with these latest premature 8K's and the possibility of failing to deliver on this so-called reorganization. What astounds me is the 8K's were filed in the face of an SEC investigation while still not being prepared to quickly act on the 8K contents. They have the bowling balls to file a premature plan which includes the RS, name change, etc, etc and then update nothing for months. Let's say those responsible for filing those 8K'S came across information that didn't allow them to immediately follow through on the actions the 8K'S implied. Then why would they file the 8K's so prematurely? Why not wait until T's are crossed and I's are dotted before filing them? Incompetence? Other agenda's? Why don't these so-called professionals running a public company know what's involved to complete the milestones being filed in the 8K's? I can hear the excuses now i.e. "we didn't know filings were required to RS", "we didn't know the SEC required X, Y or Z prior to filing for a new company name, new ticker symbol or new CUSIP", etc ,etc. The excuses are endless and so rather than continue with excuses for these numerous premature announcements and continuous failures; it's best to be quiet. I've had it up to my eyeballs and beyond with the BS and stroking of shareholders. How do shareholders continue to believe any words whether in a PR, email, text or phone call?
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