Wednesday, April 08, 2009 10:40:25 AM
The company will soon be putting out a PR(s) regarding its fourth acquisition and updated revenue projections for 2009, but will they also be disseminating 1st quarter ’09 financials by April 15th? I fully realize that as a “Pink”, GRDO is non-reporting, but IMO and to truly establish/maintain shareholder trust and a PPS that is more commiserate with where we all think it should be, I believe the company has to release financials, which have at least been signed-off on by management. This would serve to validate management’s revenue projections as being on-target and captured (to a greater or lesser extent) throughout the 1st quarter, and give credence to attainability throughout the duration of ’09.
Moreover, financials serve as a multi-purpose tool for those investors who rely on fundamentals in assessing a company’s overall viability as a going-concern.
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