To: Lonnie A. who wrote (18032 ) 5/19/1998 1:53:00 PM From: Little Engine Read Replies (1) | Respond to of 27968
The problem is not with the PR firm. This is the second one they have had in six months. The problem is an unwillingness for FAMH to act like a real company and to do what they have promised. They put people off for a couple weeks here, a couple weeks there to buy time for... what, exactly? They released a press piece trumpeting their financials, which were supposed to be out March 1. Never came. The reason for missing that self-imposed deadline (given much later) was that the ATXI deal held things up. Okay... so why weren't they released when it fell apart? If next week comes and they tell people to hold on another week or two, the cheerleaders will preach "patience" and hang on indefinitely. Dick, I realize you haven't been here long are not used to the endless stream of false promises. You'll get there. You obviously don't know, either, that shareholder concerns have been disregarded for months, whether called in, faxed, e-mailed... it really doesn't matter. Questions that might shed light on anything pertinent are screened out prior to conference calls. Someone tell me... how hard would it be for FAMH to put out a press release committing to the actual number of shares outstanding, as well as the float. Something official, that is. Would take them five minutes and impress a few people. Why not do it? They fail to do something like that... and you think they will hire a CFO with great experience? Dream on. Ira tosses shareholder concerns aside and changes the subject to acquiring Italian companies. The less people understand what he is doing, the more they are impressed.