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Microcap & Penny Stocks : Madera International - Symbol WOOD
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To: John T. Hardee who wrote (697)1/22/1999 7:52:00 PM
From: Max Fletcher  Read Replies (1) of 1979
 
Madera would do themselves (and us shareholders) a huge favor by taking up the professionalism of their reporting and communications several notches. They have the opportunity to become a very successful company, yet they have a credibility problem and continue to shoot themselves in the foot from time to time. It is unacceptable to issue a financial report with the discrepancies recently pointed out by members of this thread. There needs to be an explanation for the 6M shares issued for consulting. This family-run company, well-versed in the rainforest and with a great business plan, has to take their fiduciary responsibilities more seriously. They need to get a professional on their staff capable of doing the job. I hope to hold onto my shares for the long-term, but need to see improvement in the above areas. All IMHO. Not bashing, just desperately wishing this company would help themselves in these areas.
Max
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