Tuesday, May 14, 2013 12:26:42 PM
The shareholders public are NOT entitled to the details of various actions, copies of contracts, agreements, internal letters, or correspondence with regulatory agencies, attorneys, DTC, customers, potential customers, etc. These documents are internal in nature,and may be subjected to further action by the auditor but not appropriate to publicaly publish. Of these things we most likely will not be informed, nor should we.
There are some who may try to get every jot and tittle of some transactions or actions. Often no matter how much is found from external data sources it remains less than the universe of information concerning the action being examined. This is as it should be.
Shareholders elect the Board of Directors, the Board of Directors elect the officers, and the officers officiate, the president presides, the Secretary keeps records (a mighty important and powerful position), and the Chairman of the Board chairs Board meetings, but does not preside over the corporation as Chairman, that is the President's hat.
Sean Floyd is the President and CEO, I have no reason to believe he is not doing a good job. In fact, the evidence persuades me to believe he is doing well, given the circumstances. Yes, I would be pleased for things to go faster and do better, but I shall forebear as I appreciate the progress Sean Floyd ETAL are making.
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