Great post on GIFS Investor Relations. They wonder why this company gets no respect. Then they go and pull stunts like this.
When GIFS announced the pending sale of their sub's, I called for verification (phone number and contact) of their client. I spoke with Ken Todd who advised me that someone would call back that day. Nothing. The next day I spoke with Ken once again. He told me that Mike would call me back that day, and that he would personally contact me if Mike didn't. Nothing. I called the next day. Secretary told me that Ken was in a meeting, but he wanted to assure me that someone would call me back within 20 minutes. Nothing. The next day I called and was told that he was in a meeting. I immediately called back using an "alias". The call went right through. I began by asking him (in a professional manner) why my calls were not returned. The SOB hung up on me!! I'm employed by a public company. If I ever treated a shareholder like that I'd be out of a job. PERIOD!
On the subject of Craig I say to leave him alone. I've seen many people lose a lot of money because they weren't able to listen to both sides of the story. As to his personal attacks, I feel that Craig has utilized the "eye for an eye" approach. So be it!
As to Jeff Silverman, keep in mind that he was introduced to us ages ago by the WAACO Kid himself. I've been wary of him ever since. The probability of a massive shorter, although possible, is unlikely.
Please keep in mind that I am long on GIFS. IMO it all boils down to the audit. Many months ago the big question pertained to the accuracy of their balance sheet. A successful audit (irregardless of the pending sale) will put those questions to rest. Lastly, if GIFS wants respect, they need to show us some respect. It's INVESTOR RELATIONS, not investMENT relations.
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