I think thats a good way of expressing the critique. SIAF hasn´t been effective in communicating.
I do agree and there hasn´t been enough effort/focus/competence within the organization in that area. The company has been doing things in a certain way for yrs so apparently they have not been aware of how this lack of proffesionalism within this area has been affecting the company´s ability to transform operational success into shareholder value. This has not been good I´m very well aware of that.
But at the same time I see a lot of efforts in changing this and ECAP has pinpointed the problems and need for organizational development in many areas, IR/PR is one of those areas. Their mission is for the market to realize the true value of the company. Telling the story in a credible way is one of many things that needs to be in place to build credibility since thats what its all about at this time. Growth is there and isn´t key to our valuation at this time, its all about credibility. This means they have to tell the old organizatoin they have been either wrong or been lacking the necessary compentence so far.
This is of course a process that takes some time before everything is in place. But why dwell on the past when we have a new partner doing exactly the things we been looking for.
Just look at the credentials of Arctic Securities as our new advisor and all the deals they have been involved in... IPO´s, take outs, mergers, financing solutions etc... Look at their organization with coverage on all the major players in the fish industry.... And then imagine what will happen when they starting promoting SIAF through their investor network....
I really see no reason for focusing on old mistakes, when we apparently are moving in the right direction now and a lot of good things are happening.
When we look at the tradingvolume and the sharepricedevelopment lately, we can see credibility going up right in front of our eyes!
