I think the Chairman's letter was pretty clear to
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Posted On: 11/09/2017 12:25:25 PM
I think the Chairman's letter was pretty clear to us all.
It essentially said... So your upset about delays huh? Well this is a science company not a widget manufacture. We can't change what we have no control over but need to follow where the data leads us. And instead of spending our valuable time (of which shareholders are paying for) responding to the same hounding and often seemingly idiotic questions, we are going to be good stewards of our time and the shareholders value and just stop responding. Our time will be focused on achieving measurable results and the strategy will be communicated when appropriate (as stated by an experience NASDAQ Chairman).
Personally I like it. Less time spent with annoying traders wanting to know why their 10 dollar investment isn't a million in 24 hours and more time spend providing value to longs and true shareholders.
I often wondered how much of those shares they were issued as payment we for answering bitching traders incessant emails. (Please don't take that as meaning all emails and communications sent to them were that way because I don't believe that for a moment) But can you imagine the volume and time it was taking to deal with all those. Actually having time to do there job will and has sped things up.
It essentially said... So your upset about delays huh? Well this is a science company not a widget manufacture. We can't change what we have no control over but need to follow where the data leads us. And instead of spending our valuable time (of which shareholders are paying for) responding to the same hounding and often seemingly idiotic questions, we are going to be good stewards of our time and the shareholders value and just stop responding. Our time will be focused on achieving measurable results and the strategy will be communicated when appropriate (as stated by an experience NASDAQ Chairman).
Personally I like it. Less time spent with annoying traders wanting to know why their 10 dollar investment isn't a million in 24 hours and more time spend providing value to longs and true shareholders.
I often wondered how much of those shares they were issued as payment we for answering bitching traders incessant emails. (Please don't take that as meaning all emails and communications sent to them were that way because I don't believe that for a moment) But can you imagine the volume and time it was taking to deal with all those. Actually having time to do there job will and has sped things up.
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