Wednesday, May 07, 2014 4:01:58 PM
The lack of news releases is caused by what CEO considers newsworthy. Short of a major event for the company, nothing warrants a news release.
However, shareholders are not so picky, especially the small band of current investors which are in the stock for the long term and can tolerate frank news, whether good or bad.
For example, we would expect a press release when:
1) The mgmt team as listed in the company web site changes,
2) A significant business deal is signed (or at this point any new deal),
3) New financial funding is obtained,
4) A change in business strategy has taken place.
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