Mr. Wolff - Your reference to bullshit bashing is neither appropriate nor helpful. May I suggest that some of us have also run start up companies and have a pretty good idea of what it takes. While I can understand the problem, they have made little effort to try and solve it. There are ways, you know! For example: 1) Perhaps they could be more forthright and informative when people call, thereby eliminating at least some reason for followup calls. 2) They could contract out the IR. I haven't noticed any serious squeeze on cash assets, particularly for a company about ready to close a 100 Million plus contract. 3) They could take advantage of SI and other boards by responding to one or two principle investor/posters with appropriate information that could then be disseminated through the board. I don't believe it is good business practice to blow off investors, to be rude or unresponsive to legitimate questions, no matter how busy you are. A good management team finds a solution and a way to be responsive.
Calling others concerns bullshit also doesn't add to the constructive and hopefully congenial information flow on this or any other thread.
That said, I have said that I have been and continue to accumulate GIFS, because of the potential, and despite the risk.
Perhaps we can help GIFS by designating a liaison from this thread to at least reduce the e-mail and calls that generate here. That would be a constructive approach, IMHO. The company would still have to cooperate. Would you be interested in such a role??
Best regards, Carl Pergler |
