"They worry about things like whether or not their business can profit from the deal." which in the LONG TERM benefits the shareholders.
Let me put it a different way...Let's say we are IBM and we want to advertise with a new GAY TV Network called Q. Now this may offend some of our shareholders and they may start posting all kinds of bad things on RB and calling Q up and raising hell. So to prevent this IBM may choose to tell their shareholders that we are in negotiations with a HOT NEW CHANNEL for an advertising contract that will add immensely to our bottomline. That is really all the shareholders need to know.
Since IBM is an established company the shareholders are happy with the news and go on with their happy lives...they don't spend all day on RB or the telephone trying their best to outdo the other posters with a new tidbit of DD.
While IBM is obviously on a big exchange and is tied to different rules for reporting. What I was getting at in my previous post is that MINOR shareholders do not have much right to know what is going on minute by minute. Or in QBID's case to look at the financials when it is not required by the SEC. JMO
As far as working in different worlds...that much is true. My business is 99% out of Japan and it took years for a gaijin "foreigner" like my self to establish contracts there. My largest contract is with JALPAK INTERNATIONAL owners of JAL airlines, who, out of 9 contracts I have, represents about 35% of my revenue. Yesterday I posted that 10 years ago I had an idea. Actually the idea was 13-14 years ago and it took 3-4 years for JPI to open the doors and sign the contract. Once they did my business grew from about 400 customers a month to over 2800/mo. in 5 months. Now there are 13 companies (all Japanese owned) competing with me but I'm still in business and we are presently having our best year since '97 :>)
So I can fully understand what Frank means by being #2 not being anything to worry about.
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