“ Dear GTC,
I hope this message finds you well. I am writing to update you on the matters discussed during our recent conference call and to clarify our communication procedures.
As discussed, all the points stated in the conference call are presently being given our full attention. Our team is working diligently to ensure that all objectives are met within the specified time frames.
The deadline for the Q filing, as you may be aware, is set for August 14th. This is our primary focus at this stage, and we are aligning our resources to meet this target. Given the complexities involved, particularly considering the diverse holdings of Xalles, it is prudent to say we will adhere strictly to this deadline, rather than anticipating an early completion.
With regards to our communication strategy, we primarily utilize our official Twitter page for public interactions and updates. It's important to note that while some companies may disseminate what are considered "fluff" press releases, it is Mr. Nash's stance that our company will reserve official press releases for substantial news only. This approach is aimed at maintaining the integrity of our communications and ensuring that the information we share holds true value for our stakeholders.
We also want to clarify that we do not actively monitor various investor and trader boards. These channels often host emotional reactions from investors and traders, discussions influenced by short sellers, and the use of aliases. This makes it challenging to verify the identities and motivations of the participants, which leads to a less reliable source of information and feedback.
I would like to reassure you that Mr. Nash is fully committed to the tasks at hand and is working tirelessly to accomplish the goals outlined during the conference call.
We understand the importance of clear and timely communication, and we appreciate your understanding in these matters. We hope this clarification serves to strengthen our mutual commitment to transparency and progress.
Should you have further inquiries or require additional assistance, please feel free to reach out.
Best regards,
David”
