To: SnakeInATuxedo who wrote (7928 ) 10/16/1998 9:45:00 PM From: d:oug Respond to of 14226
CL, the Only and thread, from non gpgi shareholder, a comment. (from CL's post) - it's time for GPGI to have an official Web site presence - dissemination of official Company information can be done - satisfy the necessary legal requirements Maby those in GPGI responsible for shareholder interaction are reluctant to initiate a mechanism whereby the day and weekly happening are recorded to be viewed by shareholders. Maby these person(s) are afraid of new technology or worried that they may be accountable for mistakes as they happen, before given the chance to correct them. Maby they see how this thread has not commented favorability in the past and do not realize that a main cause for dissatisfaction was from being not informed with current events until a period of time elapsed that made their beliefs and actions look wrong. Just recently my read on this thread lead me to believe that the soon to be released news about checks in the mail for GPGI was going to take the price from around 50 cents to a higher value very quickly. At this time it was for me to either buy more MGR or buy this "sure thing". Eventho MGR had serious problems in Mongolia, its thread has a poster which is the president of the company posting and replying non insider stuff. But here on GPGI was only from threaders posting what they thought was happening, based not on current events, but on extrapolation stirred with the spoon of hope filled with the stuff one wants to be true. So I choose MGR with knowned problems based on a company official giving a "steady as goes, moving forward" posts on the thread over GPGI posts of don't really know whats happening, but lead to believe that everything is great. Maby the calm and steady of knowing what is really happening was a better speculation bet than hype. Why is it that everytime a company hires a person for a top job they give out an official release phrasing how luckly and great for the company it is to get this super person based on his great successful past accomplishes and all those wonderful things on his resume. If this person is so successful, as in everything he has done in the past, then why is it such a no no to let the shareholders watch and be informed of this persons ongoing great good work. Why report nothing until either got end results of good or total screw up. Why not let the owners, shareholders, watch progress on a timely time frame so if the company is not being run correctly, it will be noted by those on this thread that have experience in how a company is run for success, and will note when certain procedures are not being done. If the press release tells shareholders that very good people are running the company, then why not let out timely info. Hire someone, and if their first priority is to protect their own employment over the good of the company, then with no oversight, poor results possile. If the person's resume is so good, then the person should want to report that expected good work is resulting. My take on this situation is that GPGI is now getting control of how the company must be run. Most likely Mike Mckay is putting into place the type of structure that will prevent errors and misfires and simple dumb decisions from being made. If Mike McKay is what has been predicted, then I predict that after a short continuation of lessor than desired results, that this company will deliver and become a rich company. Without Mike McKay, the serious blow GPGI gave itself would probably have continued with personnel blaming each other. I see Mike keeping all personnel intack, as they are needed now, and correct and heal GPGI. To me, let Mike "run the show" as an non employee, simply in his self interest to protect his own share value. After the company heals, then then there will be time for talking. Now changes may hamper Mike. Just my thoughts without knowing anything actually happening, and if I had to choose to change all management now in a big way, or give Mike McKay a chance, I choose Mike. Soon next, most likely not so good news but with a positive outlook, given in the release, the stock price will lower and level off. Then I will buy in, under the condition that an official web site is present, or being made. Doug