Tuesday, June 02, 2009 1:24:46 PM
Moreover, the PR gives enough detail to illustrate that the company means business and is trying to keep investors apprised of things.
I too am awaiting the new date to be set for the fwd. split, but I do like the fact that the paperwork has been submitted and plans appear to be headed forward as they projected in their last PR. When it comes to companies this size, it's important to offer three things to encourage investment: 1) details about business developments/specifics wherever possible; 2) consistency from management - course changes are huge red flags; and 3) transparency that underscores both of #1 and #2.
All this is totally my opinion, and I'm far from a professional investor. Still, I like this company and see a good deal of potential in it. GLTA.
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