Friday, May 21, 2010 12:02:10 PM
You do not want to be a mob of investors hammering the CEO with crap, so we should pick a spokesperson, consolidate questions, and keep the tone even keel.
The things I would ask would be along these lines.
"Rick - Your current PR philosophy seems to be ultra transparent. the impact this has had on the investing community has been mixed and has hurt the short term PPS. IE. We would rather have no press than weak press. Would you consider a more conservative approach toward press and only release something when you have a lock on it?"
"Rick - Since you have no 8k proving you have received money from Spire what assurances can you give us that Spire is actually making payments VS. the float being diluted. See my next question as it is tied into this."
"Rick - What have you instructed the transfer agent to only give out OS? We understand that dilution of previously restricted, currently unrestricted shares is a method of funding the company and the investment community as a whole would not look at this negatively provided it was being done above board and for the right reasons. Since you are a non reporting entity on the pinks, you and your PPS would be better served to be transparent about insider sales and release the gag on the TA. The more real information you give us (not inside info, info that is and can be public domain), the more reassurance you would provide for investors.
"Rick - Can you provide an update on you YP release in July, are we on track for that launch? We understand you have limited resources. Do you have a demo of this product ready? We would love to see it.
Etc etc.....
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