"Today, as I write to you as your newly-appointed CEO, I have heard many of your concerns and questions. "Do you guys know we're out here?" "Why doesn't the company tell us anything?" "What's this new management team up to?" "What is your plan?"
These are valid concerns and demonstrate our need to do a better job of communicating our vision, progress and direction. Your support, understanding and commitment to us have been, and will continue to be, essential to the success of Integral. To that end, I will focus on the future, not dwell on the past, by pledging to do a better job of keeping you informed – beginning now."
That "pledge" was made in a press release dated January 23, 2013. It was titled:
" Integral Technologies, Inc. CEO Letter to Shareholders"
Hmmm, communicating our vision, progress and direction......Vision and direction, we are all aware, pretty much fall into that forward looking statement category. Yea, that`s nice, we all need a goal. But progress is where I really hoped we would see some honest dialog. Instead, we just got more rear view mirror press releases, and most recently, 6 months of "progress" deliberately withheld. That "pledge", it turns out, seems to just be another promise this CEO finds he can use when it serves him, and ignore when it doesn`t.
Caveat emptor, let the buyer beware!! I won`t be pledging My votes until he decides to uphold HIS pledge. It`s as simple as that.
Thin
