Judging by a response to my queries to management on various issues (things which I expect were probably spoken about at the conference call, which I couldn't hear), they are open and listening:
''As a company we consider building shareholder value our number one priority. In order to accomplish this we must do four things:
1) Improve sales, earnings, cash flow and other financial metrics on a consistent basis
2) Communicate our progress on a consistent and timely basis
3) Create more exposure for our company in the public markets
4) Respond to shareholder inquiries in a quick and efficient manner
We are taking steps on each of these. Obviously you have seen a substantial rise in sales. Gross margins should continue to improve as logistical efficiencies and pricing leverage continue to occur. Non recurring expenses will continue to lessen and net margins will continue to improve.
They aim to hold more regular conference calls and are also listening closely to views raised by shareholders on management stock purchases. We'll have to watch as to when and if that happens, but it is a good sign.
