Breaking down the open letter:
- Yes, this needed to be done. At times it was an absolute mess. We had several conflicting reports from the people on the same damned team....Good Move
-I also appreciate how he breaks down, briefly, the different branches and their jobs. It seems like they are definitely getting more organized, and I hope it means I won't have to search through 7 different social media sites hoping to get an update about the company...that may or may not have actually come from the company....
-This needed to be said, and I'm glad he fessed up and finally admitted what we all knew. Though, I'd like to know WHY they missed those deadlines, or if they were even remotely realistic to begin with, but, I'll accept this answer and be happy.
Overall, this letter was needed and much appreciated.
My concerns? How much of Starkweather's initial promises are now null and void? Most notably and specifically....DOES THE COMPANY STILL BELIEVE THE SHARE STRUCTURE IS WHERE IT NEEDS TO BE? Do they still have different ways of managing the SS that is beneficial to us that have been here since the "beginning"? Or, will they have to go the way of the dreaded R/S?
Overall, I'm glad they seem to be back on track, and somewhat more organized. Frankly, I'm a bit surprised they ran their business "decentralized" (who runs a business decentralized????), but I digress. I like the focus, and it's definitely peaked my excitement.
.Quote:The first order of business I want to address is the communication between management and shareholders. In the past, Andiamo’s management and the management of Utopya have worked on a de-centralized communication basis. While this style of communication was designed to provide transparency, in actuality it provided different and sometimes conflicting information to the markets. Moving forward Andiamo and Utopya will rely on a more centralized form of communication that ensures that all shareholders and the market obtain the same information
- Yes, this needed to be done. At times it was an absolute mess. We had several conflicting reports from the people on the same damned team....Good Move
-I also appreciate how he breaks down, briefly, the different branches and their jobs. It seems like they are definitely getting more organized, and I hope it means I won't have to search through 7 different social media sites hoping to get an update about the company...that may or may not have actually come from the company....
Quote:Finally, we understand and appreciate the support our Utopya phones have received from the shareholders and the markets. We also understand the frustration due to several missed, self-imposed deadlines. To the doubters, yes the phones exist, and in fact, they are in the hands of potential distributors and marketing partners. Simultaneously we are working to complete our certifications and to tune the phones for the US markets. Our objective is to complete these efforts as quickly as possible.
-This needed to be said, and I'm glad he fessed up and finally admitted what we all knew. Though, I'd like to know WHY they missed those deadlines, or if they were even remotely realistic to begin with, but, I'll accept this answer and be happy.
Overall, this letter was needed and much appreciated.
My concerns? How much of Starkweather's initial promises are now null and void? Most notably and specifically....DOES THE COMPANY STILL BELIEVE THE SHARE STRUCTURE IS WHERE IT NEEDS TO BE? Do they still have different ways of managing the SS that is beneficial to us that have been here since the "beginning"? Or, will they have to go the way of the dreaded R/S?
Overall, I'm glad they seem to be back on track, and somewhat more organized. Frankly, I'm a bit surprised they ran their business "decentralized" (who runs a business decentralized????), but I digress. I like the focus, and it's definitely peaked my excitement.
3
