Dear Mr. Shoham,
If you’re reading this board, then you’re probably reading this letter now.
You should know by now that many shareholders here have been here for a long time, years in some cases (like myself), and we’re here because we have one thing in common: we believe in your company, the products and services you’re providing for the benefit of ordinary peace-seeking citizens like myself. A world with less drugs and violence caused by terrorists and bombs would be a wonderful place. Identa’s mission plays an integral role by providing solutions to these problems before they become a greater threat.
Over the years we’ve read about you building relationships with law enforcement agencies and governments around the world for the greater good in humanity, and over the years loyal shareholders have put their investment dollars behind your company for two reasons, one to earn a return on their investment, and reason two, mary smart investors invest in something they’re passionate about.
Recently you've been hiding behind the excuses of short selling and using that as a cop-out for not releasing news and developments as they occur. We're not stupid people here, so either you're not cut out for a management position and can't roll with the punches that blue-chip companies face or you have nothing new going on. Based on your efforts and your team's efforts over the last few years I highly doubt that you have nothing going on, it's just that the shorting of your stock or sell off has upsetted you and you want your share price to be higher at this point, which is understandable.
But let me ask you this: How do you expect that to happen if you're going to withhold information from shareholders and potential new investors?
This is your Chess Board Mr. Shoham, it would be nice if you would quit acting like a Pawn and taking it in the rear-end from bashers and shorts and man-up and be a King by proving them wrong, being more transparent and share tangible results of your efforts and developments with the shareholders that care here. What happens to Pawns? Eventually they all get knocked-out. So what happens when you play a good game of Chess? You win - let's get on that with a winning strategy that works and put it into place in the next couple of days, ok?
It's time you stop hiding and be proactive here. No more smoke and mirrors, excuses, fluff etc. Why is it so hard for you to share good, quality, tangible information with a good group of loyal shareholders? For 8 years you've been at this and you're still bouncing around in sub-penny land, it's time to come out of the closet and show us what Identa is made of.
Thanks,
Emily
AI
