FF: Re: <<You guys want to bury Randy every chance you get. >>
Freddie,
I made the original post that highlighted those press releases, and of course April 17 was before Randy. The point is simply, even after 5 months on board, management has not made an effort to set the record straight.
It would not be difficult to review 1 year of press releases and conference call notes to identify what wasn't true, come clean, and clear the slate. Maybe they don't want to gather ammunition for possible litigants, but the record speaks for itself, ...that job may be done anyway. You're just being spoon fed one issue at a time.
I'm glad you have a conduit to Randy. Yet, personally, I have difficulty with hearsay accounts in this matter for two reasons: 1) errors/omissions of words or phrases can alter the meaning, and 2) after the malicious "takeover" rumor this year management stressed all substantive communications would be by formal press release only.
Comments on earnings, and major changes of published fact on substantial liabilities materially affect all shareholders and deserve to be "first-hand". Just imagine, IF FAMH were to default on the Myriad/IRS deal because of the here-to-fore unidentified "balloon payment", what business would stockholders be invested in? That is a material risk, and again, all investors should be hearing about these issues directly from management. Revealing material facts on profitability to one investor first is, in essence, revealing insider information. That is a problem all unto itself.
Your posts are welcome, stimulating, and you've taken some undeserved "heat" along the way. This post is not intended to be negative on your dedicated efforts, but rather a WAKE-UP for FAMH management to set the record straight on just what the Hel* is going on. |
