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Re: faithabides post# 186001

Monday, 03/30/2020 4:10:16 PM

Monday, March 30, 2020 4:10:16 PM

Post# of 278384
Exactly. Two pieces of info that todays PR were that Kim fully expects to still have this press conference (A lot of shareholders were uneasy about it being pushed back again so this is reassurance which i think is important).

And 2, it lets shareholders know that he is open to live questions from the media. Most of the ones who constantly hurl insults at Kim accuse him of hiding from answering questions. This is a big step and shows that he expects there to be media interest in what he's about to announce.

Some don't want to admit that during the week of March 19th, if you were talking about covid-19, then no one wanted to hear from you in regards to media. Anything announced would have fallen on deaf ears. Kim likely could have logistically held the conference on March 19th but it would have defeated the purpose of bringing in new eyes to the company. Covid-19 will still be the main topic on April 16th, but there will be a much better mix of different news, maybe some positive developments that increases market sentiment, and an exhaustion of constant bad covid-19 news cycle. It was the right call to postpone the call to mid April. Nothing would have broke through thee covid-19 news in march.
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