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Thursday, February 08, 2024 11:06:56 AM
We have seen repeated instances of the company eagerly reporting forward looking 'good news' but failing to follow-up with any additional details/progress, and indeed of going silent for extended periods of time, only making a public announcement after incessant badgering by their shareholders. Numerous posters have pointed out the string of past hype events that have fallen by the wayside without comment (CBD, Brainwise, share buyback, etc.). This strikes me (as I have commented in the past) as indicative of a company that does not understand its *obligation* as a publicly traded corporation to notify current and future shareholders of material events, and more pointedly, of a company that has little concern for its current shareholders.
I'm hopeful that as the company accelerates its growth through the development of new production capabilities and IP assets, the retention of qualified personnel, and by actively seeking outside investment (and other funding opportunities), it will become more disclosive and provide more frequent and timely updates of *all* relevant events - good or bad. Perhaps they will do so out of a desire to help the current shareholders, but past experience tells me that they really don't give two shits about us.
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