When I said, “So making initial contacts through meetings is what they are doing right now.” I wasn’t implying that they are all talk. I was saying that the CEO’s principal activity right now is contacting the companies in his, Lord Steinberg’s, and Anna Houssels’ networks, so it’s understandable that he would be focusing on that in his presentation.
And it is interesting for us to hear about these meetings. But I don’t think it necessarily gives the best impression to potential new investors, who may have had prior experiences with small companies reporting on wonderful meetings but then not being able to deliver. Document Security Systems popped into my head immediately, and that is not a good association.
And I really do wonder whether Atari, for example, would be delighted to hear revealed in public its idea on using the cards in “six of their various verticals just within their brand alone for distribution.” (whatever that might mean….)
But don't get me wrong. I love this company; it's my biggest investment at this time. So I'm very anxious to see the new CEO show good judgment, whether in his presentations or any other endeavor.
