Here's a good one! UPDATE MIKE?
19 May 2014
"Just a brief note, this past Saturday, I provided the remaining information to our CPA to complete the audit. Once he has had a chance to review, I will provide a status update.
31 Mar 2014
"To be clear, the audits are critical and they will be done ASAP."
UPDATE MIKE SHEA?
Over a year ago... UPDATE MIKE SHEA? Still can't buy at Scottrade!
17 Mar 2014
"I have heard from many shareholders that Scottrade has stopped trading in our Company’s security. Last week, I contacted Scottrade, and was informed that their clearing firm began implementing an “illiquid fee”. The representative could not provide any additional information and Scottrade’s Compliance Department will not take calls from issuers.
Last week I instructed our SEC Counsel to investigate and assist with rectifying this matter. As I get updates, I will post them here. While, in my opinion, Scottrade has been progressively limiting its participation in the OTC Market, it still is active. This appears to be a financial decision and I would urge all shareholders with Scottrade accounts to write them and insist they lift the restriction on our security.
This is an important issue to the Company and I will dedicate whatever resources are required to remove the restriction."
I like these 2 also. How it USED to be important to use Ask The CEO as it was meant to be used... regularly!
13 Jan 2014
"Due to travel schedule, this week's Ask the CEO will be on Wed."
23 Dec 2013
"It has been two weeks since my last update. While the Company continues to negotiate a settlement with Gelpid, I thought I would provide some additional information:
The Company and JFenway have agreed to and documented a reduction of the debt from approximately $1MM to $225,000.
The Company has provided Steven Corso, CPA all items from several punch lists and is awaiting completion of the audit.
I would like to touch on another topic, a reverse split. At this point in time, it makes no sense to do a reverse split. Without the benefit of a settlement, “uplisting” and clear path to growth, performing a reverse split is a guaranteed return to the triple zeros. (Managed that anyway!)
I realize that 2013 has not been a good year for the Company and shareholders. I will endeavor to complete the tasks necessary to move the Company forward. Having said that, I wish all shareholders a safe and enjoyable holiday season."
