Thanks for getting in touch. I have a saying based on now many years of
starting things from scratch, it is this.
"Disaster wears Clogs and Success, carpet slippers!"
By that I mean you can always hear disaster coming, PR's of people who were
met in the street or letters as to letters of intent and all the other hype
and nonsense that little companies in a lot of trouble seem to think will
get them out of it. I'm always amused that accusations are of not looking
after stock value on no news and hyping to dump stock for themselves on lots
of news. We (Directors) have no stock registered for sale by the way, we
get our shot once we make real and sustained profits, it is my rule and
that's how it will be.
We sell computer mouse, for $100 and more and each order isn't a notifiable
event. If we weren't getting the orders that would be, but we are. We are
now getting the recognition for actual performance of the product by those
who will then sell it for us, they are the corporate ergonomists and many
corporations are signing us up as an approved purchase option for their
companies. (Mickey Mouse [Walt D Co] just placed their third order in about
a month). Some of these 'sign ups' will be notifiable, others events will
be notifiable and when they are DONE, they will be notified.
Every PR costs between $200 and $500 bucks to put out! I can either spend
that money on putting out 'letter to shareholders' illegal but by pen craft
they are always possible, or spend it on advertising to the people who buy
product stock, knowing it will ultimately do the TRBY stock the most good.
I sincerely believe we are through the creaky phase and our products have
exceeded and not just met the expectations we have set. We are now focused
on moving the volumes of stock that make us self sufficient (we appear to be
there) and with that will come the interest by cheaper money to take out the
debenture that actually allowed us to get into manufacturing. Once all this
is settled, I hope before the end of Q4, we will be a reasonable capitalized
company, not hundreds and hundreds of millions of shares issued and churned
by the day traders, but a proper micro to medium cap, with a product range
and a future and real investors in it for the long haul.
It has been quiet because of the summer and while the practical work that is
necessary to achieve the above has been taking place, the signatories are
just getting back and catching up.
I understand the frustration (lived with it for 5 years now) but also know
that corners invariably hold up structures and cutting them weakens them!
So there is nothing bad to report, and only good, to be shared in the proper
and formal manner and it will come when it is ready. I have been hounded by
a few investors, which I do not take this polite inquiry as at all, and my
reply to them is the only press release I could make is
"CEO Quits due to investor pressure to manipulate market with bogus press
releases", that usually works!
Thanks again for getting in touch.
Sincerely
Tom
Tom Large
President & CEO
Torbay Holdings Inc
www.quillmouse.com
