This is the message I sent to investor@rotech.com I hope all of you have also contacted them likewise.
First off let me say that as an investor I am appalled that a company of this size and magnitude, does not announce contract awards from the Veterans Affairs to the tune of 88 million. This is just ridiculous, news like this should be on Marketwire or Businesswire etc. Shareholders are the lifeblood of a company, and yet it seems the shareholders are rarely updated or informed with the direction this company is going in. Why is that? If you dont have an investor relations firm handling this business for you, someone at Rotech preferably the CEO Philip Carter, should be knocking these press releases out of the park. With news of an 88 million dollar federal contract and regular updates to the shareholder community you would see reinvigorated investor sentiment. Probably to the tune of a trading range of 30 to 50 percent increase. As investor I can tell you this, no one likes not getting favorable news dispersed to them via one of the press release companies e.t. al Marketwire or Businesswire etc. In my due dilligence studying of this company Ive seen many negative complaints from employees about management. With a company of this size thats understandable, you cant make everyone happy all the time. But to not have a investor relations firm and / or someone within the company NOT announcing new contracts via press release companies is just plain reprehensible. Whomever you are in the investor relations that is reading this please feel free to distribute this to everyone in upper management all the way to Mr. Carter the CEO himself. Thank you
