does not know how to manage success in order to optimize the results for its shareholders. The recent settlement with TEAK and the conceivable settlements with the rest of the companies need to become news to the public at large and the market. Then and only then- by attracting new shareholders and some FUNDs- we may see "the"desired price appreciation. For this we need serious efforts in PR's that the company has promised long time ago and never delivered.
The annoucement that EDIG's management provided regarding the TEAK settlement was not to be found anywhere else other than the e-mail they send to all of us. Clearly this is inadequate. I checked the San Diego Union, The WSJ as well as the local and regional financial pages and there was not any announcement anywhere else. Why should we wonder why this settlement did not impact the PPS. The announcement addressed an audience that is small, specific and has exchausted, for that matter, its liquid resources.
Why they didn't do it and how they propose to spread the news in the future in order to optimise the shareholder value are two questions the management must answer.
