To: Dolfan who wrote (46682 ) 7/22/1999 1:49:00 PM From: Morry Read Replies (2) | Respond to of 50264
This company may have a vision, may have the technology, may of had support and backing, able to get in and sell contracts and close deals, or talk a great game. But, they absolutely get an "F" in the accounting, financial area. In the big companies, people are fired to help relieve investor pressure. Let's start with holding financials since last September. Who was behind that wizzard decision? Who was behind the decision to hold contracts if they have any? Seems to me that someone should be fired, a statement made to the investment community, look for a MM's to support us, file the darn financials and work their butts off satisfying the SEC. Time is running out for November and we don't need this delay. It wasn't worth holding any contracts or any financials. But, that's water of the damn now. The weakness of the company seems to be in corporate decisions and financials arenas. Sometimes it doesn't pay to cut corners on the help and advice. If you own 11,000,000 shares of a stock and let's say you want a price of 40.00 per share then that represents 440,000,000 dollars. I think you can afford to hire the best financial people and lawyors. When you cut corners you risk your net worth to be 11,000,000 times .01 cent which only is 110,000 dollars. If we want a 400 million dollar company then we need to act like one. I know many 400 million dollar companies that have 2,000 employees. Not asking for that big of an overhead. But, the point is if you can the concept, the plan, the know how and the backing then hire what you don't know. Why is the company so silent. It makes it like the company is guilty. Give us some confidence. We have been loyal investors for a long time. We deserve better than this. Give us a P/R and get rid of the bad advice. Morry