RE: REPOST - Gilgamash`s incredibly sensible post - NOT!/Gil
posted on
Jul 25, 2005 10:42AM
Raising capital is one of the company`s responsibilities to its shareholders to keep this thing afloat until the product sales are able to achieve that particular goal.
This company allows easy access for shareholders to express their concerns and be ``heard`` by the highest levels of its management team. Because the business of the company has not reached its goals does not mean shareholders know better or that management is not listening.
As a result of shareholder angst, a new President/CEO was put to task. One year into the deal we have growing revenues and a product having success with management telling us this is not the home run they expect.
I think your comments, while they have merit, should be temmpered until we hear what new developments are to drive revenues at a faster clip than last years IFE achievements.
While revenues were up, management thinks those numbers will be eclipsed by the new opportunities at hand and they are to address those opportunities in the days ahead.
I say, decant that cab, swirl and sip, let it open up while we wait for management to be accountable per there expressed time line of prior to August 4th.