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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: James Randall Ingram who wrote (1919)11/13/1999 7:47:00 AM
From: David T. Groves  Read Replies (1) of 1979
 
You are correct of course. They are their own worse enemy and the share price reflects it! No one to blame but themselves.

I wonder that they don't realize(?) that timely, accurate reports, are the main stay of investor relations.

Hopefully, they will retain the same accountants for the next year's audit and the process will be such that they can get the annual report out right away. The time to be thinking about and facillatating the next report is a month or two before the fiscal year ends, not two or three months later. If they blow it next March, welcome to the pink sheets.

The doubling of the spot price of tropical logs has to have a great effect for their fundamentals, and I for one wood like to see an inventory of their standing timber in next years report. It wood take time and effort, but NOW wood probably be the time to initiate it.

COME ON RAY, GET NEXT YEAR'S REPORT OUT IN APRIL, within 30 days. Nothing wood be better for investor confidence!!!! The HUGE companies do it.

Dave
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