News Focus
News Focus
Followers 68
Posts 9909
Boards Moderated 0
Alias Born 07/29/2007

Re: razorpockets post# 156409

Tuesday, 06/16/2009 11:11:22 AM

Tuesday, June 16, 2009 11:11:22 AM

Post# of 192592
"I'm tired of being in the dark. We are half way through the year and don't even know what our sales are. You don't need audited financials to communicate that information. Status updates on Wowgreen, BioMagic, GC2000, etc. etc. Basic information and we don't have it."

I agree! What good are these dog and pony shows with the CEO in straw hat and cane? They just cause confusion with little for people to relate back to. Especially newbies!

They need to produce UPDATES posted to their web site (as soon as they get a decent one) and in IBOXES. They could do the updates separate so it wouldn't overwhelm the staff ie: Wowgreen first Wed of each month, BioMagic second Wed, GC2000 3rd Wed etc. A detail update that answers basic questions like WTF are 'we' doing?

This type of business doesn't really deal in verifiable contracts (except for cases like WOWGREEN)...they take orders, mix up some stuff, ship it, bill it. Financial reporting covers the results of those things? Get it done!

We likely won't see many contracts with BIG names on them but RESULTS should show up on the bottom line.

What's wrong with having other horses in the race (like Green Bridge)? Anyone can handicap a one horse race and be right! Players here had it easy and thought they couldn't lose. Most companies have many horses in each race they enter.

JMHO

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y