InvestorsHub Logo
Followers 14
Posts 435
Boards Moderated 0
Alias Born 08/31/2014

Re: malvern post# 2952

Thursday, 02/12/2015 12:13:48 PM

Thursday, February 12, 2015 12:13:48 PM

Post# of 8579
Malvern, I don't think management is incompetent, far from it. They are first and foremost brilliant product-developers. I only believe that it raised a question when the Tympenex borrowing was followed by the 47-week loan that carries an exceptionally high effective interest rate. I believe that the question about that most recent borrowing could have been answered by management had they chosen to do so. ...and that question will be answered in large measure when we look at the cash flow implications of the forthcoming income statement.

Accordingly, in the context of my limited capacities to assess the company's skill in investor relations, I think the company is still learning how to get it right. Few companies, if any, are equally strong in all the facets of management, and if one found a company where nothing could be questioned, then something actually would smell a little fishy in that circumstance.

I hope that's a fair response, and thanks for your patience with me.