One thing for sure, I have seen more action from the board(atleast the chair) and management these past few weeks since Earl has lit a fire under their butts.Their comments of the past 6-12mos. saying "they are all working on some items that will help correct the low share price, but cannot say anymore as they are not public knowledge" is getting extremely old. Time to show the owners what we have been paying about $430,000 p/a (CEO,CFO and Director of Corporate Communications) plus options etc. for. It was a nice gesture for them to "defer" 25% of their compensation but they are only "deferring" and plan to ultimately be paid it in cash. A better step would have been to convert 25-50% of their salary to shares which they would recieve quarterly.
Yes the junior market is being wacked badly and therefore more reason for our little companys' management team to do everything they can to keep the owners informed and confident that they are in fact taking steps to improve our markets value. Motherhood statements only work for a short time it is now time to give facts.
I point out that Earl has over 9million shares with him and except for concern for legal fees etc. he also had D&D with their 5-6million shares and I am certain many smaller shareholders like myself(120,000 shares) are looking forward to getting what we are paying for.
JMHO
JMH