72Chevnj , As an investor myself, I am in ful
Post# of 1033
72Chevnj ,
As an investor myself, I am in full agreeance with you 72Chevnj.
As I have mentioned before and to others who have questioned the new SEC rules on Social Media and Material non-public information disemination, the use of such channels is only our way of directly engaging shareholders. This does not mean it is the only channel we plan to use or have used.
With that said, we have corporate accounts with tier 1 PR channels: Businesswire, PRNewswire, Marketwire(d) and third tier PR providers such as PRlog.
Without a doubt, when we have an event or corporate action worthy of a Tier 1 PR we will certainly use the resources we have to release the information via that channel.
I felt the mining company was only worthy of a third tier release. http://www.prlog.org/12127089-orion-dhc-inc-a...diary.html
However, if that division meets its goal of 1000 + Au Ounces and provides for a dividend as the RMO has proposed.... now that might be something of a tier 1 release (not that it will be... but it might be). http://www.marketwire.com/press-release/orion...699931.htm
For the various market awareness tiers, it's really just a matter of "Newsworthy-ness" if there is such a thing. (Naturally, Warren Buffett's "Businesswire" being the top Tier IMO )
Powerful bottomline affecting corporate actions are generally what I personally consider newsworthy events. Chatting to shareholders or potential shareholders is to address concerns and to gather feedback regarding sentiment. For example, we all want more transparency and filings, and financial data! The sentiment is clear on those issues, but simple things we may miss or overlook, like - more pictures of our operations - is something we may not realize is making shareholders happy. So we can address these issues via social media and our responses to such. Or quick updates, like on our facebook page: http://www.facebook.com/oriondhc when financials were delayed AGAIN!
This is the new thing... and the Securities Exchange Commission has said this is ok for us to do.
Were the social media changes to Reg FD a good idea, we shall all find out in due time.
Thanks for the read, and indeed it was a good read.
Respectfully,
Randy Hoff
Chairman & CEO
ORION DHC, Inc
www.oriondhc.com