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Message: Re: AGM over, and no news!

Dec 14, 2009 12:29PM
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Dec 14, 2009 07:58PM
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Dec 15, 2009 01:29PM

I too am frustrated and aggrevated that there is just not more transparency with Alda. However, I am NOT fearful on the future of the company and their ability to deliver leading up to the Olympics. Scott is just a hired gun IR and by the looks of it, he manages the IR for some other companies as well. I think Dr. Owen hired him as a filter and to perhaps manage questions and concerns from investors. Previously, Terry would be the one responding to queries and that is just not efficient use of his time. Especially at this time leading to the Olympics, and the formation of distribution and retail agreements.

I doubt that shareholders could have ousted Terry as he and the CFO owns a large amount of shares. Also, I believe that most shareholders still believe that he is still the best person for the job.

I think the reason that we haven't received a president's letter or update is because it is probably very low on their priority list. They're trying to add value to the company and working on the premise of once the facts and numbers tally up, the share price will adjust accordingly. I mean honestly, how many of us will remember this anguish if the share price is $1 or $2 by the end of the Olympics?


Dec 17, 2009 07:08PM
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