Hi Beasley,
the answer to your questions is fairly
Hi Beasley,
the answer to your questions is fairly simply:
"terrible ways to communicate with us shareholders and those potential future investors, who might still be interested in this company!"
They communicate a lot, most of the time, but as stated several times before, not even close to satisfactory with us.
1. They communicate the wrong stuff: e.g. "pink ribbon walk charity" or "conference talks".
2. They do not communicate important information: e.g. "Joe's cancelled trip to China and the fact that the contract is still in place!"
3. They communicate important things to us, but with a wrong emphasis: e.g. "Dolisi is excited about the acceptance of Excellegen in the VA world", but at the same time "that substantial additional funding is required to ramp up production and in turn sales and revenue" and NOT that "this could eventually turn into a 100s of millions of USD business." (So instead of paiting positive pictures of a bright possible future, they scare people away by warning them that they might not have enough funds. It is like a cigarette commercial which focuses on the possibility to get lung cancer from smoking and not about the "relaxing effect" smoking has!)
4. They promise something including a timeline and then do not bother to let us know that and why they failed to deliver what they promised.
To me at least points 2.-4. each represent good reasons why investors are confused, not sure and/or not confident in knowing what is going on behind closed doors at GNBT (and that, even though Joe continues to bragg about how transparent he and his company is in terms of communication to shareholders!) and there you have your reason why the PPS is where it is.
I think Todd is a nice guy, I have exchanged emails and even called him several times, but i do not think that he is the best option for GNBT as a IR Manager.
3
Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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