What I took from August 22 shareholders meeting:
Post# of 96879
1. The people running the company are pretty sharp.
2. They are connected to the industry players.
3. They are working very hard.
4. They are dedicated to what they are trying to accomplish.
5. They appreciate that investors share their vision.
6. They hope investors remain supportive/patient during this process.
7. They are involved in rapid changing industry.
8. They are trying to capitalize on their leadership in this industry.
9. The company is growing as they take advantage of opportunities.
10. They too are invested in success of company.
They know its important to keep shareholders informed. Many things develop slowly depended on second and third parties to a deal or outcome not under their control. They emphasized that all questions should be directed to IR and Dan Wong as they want to concentrate their time with the business end as much as possible free of continuous distractions that inhibit their time and performance. Dan will consolidate concerns and bring to them as appropriate. A letter to shareholders will be issued monthly to address concerns and developments as appropriate. Things are under constant change and efforts are being made to capitalize on changes and opportunities. As frustrating as some things are it is important that we have patience.
This being said now is the time for this board to submit a consolidated list of concerns and questions to Dan Wong in time for next shareholders letter. Ready, begin!