Monday, May 12, 2014 2:02:12 PM
I trust anyone who successfully worked at a Big 5 accounting firm for four years to audit their own financials. If you're a consultant and not good at auditing, management consulting, planning and execution, you don't last beyond the first year at Accenture/Andersen Consulting/Arthur Andersen.
I understand why Scott may have said he doesn't care about the share price last January. I have come to realize these CEO's don't control the PPS as much as the fickle day traders do with their myopic, self-serving strategies, and unreasonable expectation of weekly play-by-plays.
I am certain Scott has been challenged with the current Growlife business scenario. I believe Growlife didn't deserve the halt and lawsuits. I believe the lack of venture capital, day traders, FITX, and the NCAA stock challenge had far more to do with PPS fluctuations than any one decision made by Sterling Scott and his Board.
Scott Dittman has a life--as in children, a wife, a home to maintain, roles in the greater movement, a massive business model to manage and needs restorative time for himself considering the amount of travel he has to do each week.
Some "shareholders" seem to think that owning shares in an OTC Pink company grants them unlimited access to private, competitive information, customers, and audited financials. I find this behavior shocking.
I believe day traders are near the bottom of Scott's priority list, and that serious long-term investors from many capital sources are a greater focus.
Someday, he may have an Investor Relations contact. In the meantime, he is it. Respect his time.
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