SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Euan Hayward who wrote (325)6/24/1997 9:35:00 PM
From: Ben Marfield   of 619
 
"Having numbers out" probably means having them ready for the Canadian exchange. An interesting question is whether (as rumored) the 2Q numbers have been publicly available... for weeks! If so, the lack of information as to where and when and how to access the data is another indication that management is (A) indifferent to the concerns of minor shareholders; (B)is at least in some ways incompetent; and/or (C) is slow in presenting stellar information in hopes of releasing such information only when grand information is also available.

That last idea is a bad one. Consider the Bible, one of the few works of the ancient world that describes both the good and bad of a people's behavior. Consider Dick Nixon, who inadvertently taught that the way to handle bad information is to get it out, completely and quickly. Consider Warren Buffett, a man who writes financial reports that are lauded for telling the simple truth in a simple way.

My hope is that the Lenox reporting wierdness doesn't extend to relations with suppliers and contractors and potential customers. Even if relations with customers are correct, the company is unwise to reduce its credibility in any sphere, let alone to do so repeatedly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News