Raven, Chad gets feedback on every PR that is mad
Post# of 6596
Raven,
Chad gets feedback on every PR that is made, and he is highly concerned about the effectiveness and value of any PR.
A while back, I was watching a company, XDSL, very closely, and holding stock, I was grateful to see the CEO put out a PR about once a week. Problem with that was, the PR's became redundant, and the market and investors became callous to any PR's, even those with new and substantive information. It is unfortunate that Pink Sheets stocks work that way, but when you have the SEC saying that Pink Sheets typically decline in value, that stacks the deck against companies like HLNT. The Market Makers have free reign to run the PPS wherever they want, and after a PR is issued, they are going to run it down to take advantage of shareholders who bought in in the hopes that the PPS was going to continue rising. Until the SEC changes its stance, Pink Stocks will be at the mercy of the MM's.
Keeping these issues in mind, Chad could PR stuff over and over to make some of the more vocal shareholders happy, but it would soon become a case where the company would have to reinvent itself too frequently, which would eventually lose its effectiveness, anyway.
Chad is doing the right thing, building the company solidly, and informing the public based upon accomplishments, not false promises.
Now, some posters will be quick to jump up and say that he has made false promises. Chad has in no way made a false promise. He has stated that certain objectives, goals, etc were process, but has not been able to complete some. Unfortunately, at the time that such a goal was committed to, there was a lack of knowledge as to issues and events that caused the inability to achieve such goals and objectives.
For example, the building aquistion of the prior years, a contract was agreed to and signed, and Chad spoke correctly and honestly about this, but in real estate, the buyer has a given amount of time in which to back out of a purchase depending on a building inspection, or certain other criteria. Not knowing that the building has a mold problem, which was not revealed until the inspection, and the degree of the problem, and the cost effectiveness of buying the building and removing the mold problem, or cancelling the contract, Chad made a PR about the building apriori. Had there been such knowledge before the signing of the contract and the PR, Chad certainly would have not PR'd it. This type of occurance (contract cancellation on real estate) happens more than most people know, especially in areas where there is high humidity.
And it shouldn't be a big deal, but to listen to some posters, and especially bashers, it is a terrible issue, a false promise, in fact, the comany officers should be hung.
As investors learn how to do due diligence, they begin to learn about the motives and influences that bashers have on a stock, and they begin to understand that such bashers and posters really cannot be counted on to contribute to the ongoing progress of a company and its stock PPS. With that knowledge, they gain a power over bashers, called education, and become less and less influenced by those who wish to manipulate the stock.
And that knowledge applies to those who wish to pump the stock as well. That is why it is important for so many invetors to do their own due diligence.