Friday, January 01, 2016 11:44:59 PM
Tom is definitely old school when it comes to the business end of INMG. He made clear what his goals are and how he's going to achieve them. That's how the interview went down. Very matter of fact. He seems like the kind of guy that is satisfied with the information he gives and letting the INMG financials do his talking for him. I think that once his pride and joy, Mountains of Madness, passes the three first episodes being ready to distribute (or whatever stage he feels is major), you'll see an 8-K or some other method of letting us know the progress. I don't know if he'll use social media or just stick with the official report filing with the SEC.
Which brings us to the IR company. I'm not sure how the IR companies work, but I'll bet they're pressing him for news for the shareholders that are bombarding them with requests for updates. This is probably going against Tom's grain. He has continually, in the various published interviews, mentioned the second quarter as where you'll see things start to gel for the company and the .05 stock price to become more viable. The current share price probably is not of concern to hime at this point because he's stated he's not going to dillute to raise capital for his new projects.
So who's to say that he might have mentioned to the IR that he'll have something at year end for the naggers (sorry folks but that may be how he feels about any who demand status info, maybe not). But when they call him he shuts them down and throws "more than likely next week" at them, not really wanting to have to deal with it at all. So the IR is stuck in the middle and simply relays what they've heard.
I think Tom is at a point where he doesn't want to be bothered right now. Does it mean that INMG is failing? Not at all. It's just that he's old school and runs things his way...which, unfortunately, means news when there's news to report. Not news for the sake of news.
I can't say that I agree with this style of CEO but maybe it'll work for Tom. Most of the posters here seem pretty stable and willing to wait.
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