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Friday, June 16, 2017 11:22:47 AM
As DRG suggests and I have always encouraged, a trial run of a negativity ban. I don't know if one week would be sufficient but I'll take whatever I can get! Maybe we could agree that if in one week we have made some progress on PPS despite the trend, we can extend the positive outlook for a month. A week might be a little short to show a real impact.
Truthfully, we are looking at a potentially rough month with an imminent split. If we can remain positive on this board regardless of upcoming events (e.g. look at the potential upsides of the split whenever it is discussed), and probably more importantly, stop dwelling on the prior management team's history, we just might make an impact.
With the AGM video due out, there should rightfully be some give and take on interpretations of management statements, and this is a big annual event for any company. I would suggest we pick a day next week to start the "ban" because we really just don't know if there are any bombshells in the AGM presentation which merit open discussion. We will need a few days to decipher the AGM, and we can't do that with our hands tied behind our back!
Also, spin means everything. Did I get a flat tire, or was I gifted with the opportunity to get some new rubber for my car? There are success stories in the real world for reverse splits working out well. Those would be better examples to discuss than some which were truly a last ditch cash-grab by less scrupulous organizations.
Some things with negative connotations don't necessarily merit any mention at all.
If we could really make a fair run at this experiment, it could be fun and groundbreaking as well. Hell, someone wrote an article in an investment blog last year about our letter writing campaign. If this works, it could really raise some eyebrows! (Ok, I can understand this being a good place in time for someone to call me delusional!)
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