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Tuesday, May 01, 2018 8:40:53 AM
Any CEO that thinks informing shareholders of company happenings is a waste of valuable time, because all shareholders do is poop all over everything, needs to rethink taking his/her company public. Comes with the territory and is not a legitimate excuse to give only half-truth updates and selective disclosures.
It's time to quit the high and mighty, ethical, hard working Paul routine. He's not been forthcoming to investors - to the point that it's been deception via omission. He may still be putting in the hours, but his credibility over the last 12 months has been damaged.
At this point message board chatter carries the same relevance as a PR put out by this CEO.
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