Monday, September 24, 2018 8:37:35 PM
but i hope they do address IR/ PR soon. Yes he is too busy...so they should assign someone to manage. This is akin to social media which is still managed on the fly..likely RC doing this too.
This is a public company...i take exception to the tone at times that all here are simply greedy flippers without concern for the longer term. I can point to several here who clearly have been here for a long time..been very patient...have stood by the ceo and plan.
But IR is NOT pumping...we are in the company value AND product sales business. If the product and company is unknown then investors have no window to even see the opportunity.
This not either or....the co (IMHO) should be able to walk and talk at the same time.
My immediate point - the current value of the COMPANY...is basically reflected in its position of VATE shares...essentially making the entire Kona and CBD drink business valued at close to 0.
That hurts the company...and its investors.
It might help to share some road map to measure against..perhaps an investor tear sheet outlining the company view of the market, opportunity, brand position (looking out a year or so), sales goals and strategy/biz plan. The company did this 2.5 years ago +/- at the outset....never updated.
Share value is not a sidebar...it is one the key measures of a public companies success as a public co.
Finally - i think as a start up and PS a LOT of slack and leeway should be given a mgt that to my mind is working very very hard and smartly...my 2 cents is it might benefit all for mgt to communicate and have as one performance metric a concern of shared interest that as one goal (of many) is a strategy to maximize share value.
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