5.) Identify target brands for possible acquisition in 2011 and 2012, thereby leveraging executive infrastructure and franchising systems across a broader platform.
6.) Develop an International expansion strategy to take advantage of additional growth opportunities and current interest, while the US economy goes through correction.
Well, even wonderful ideas....I think we will have to face a lot of dilution in next two years for 'aquisations' and 'international expanding' as long as the company prduces debt - even they might have receive 2 million.
I will not sell my shares either.Bby the way....for which current price? I lost 90% already like others - nothing to lose anymore with SPKL LOL
However, the shareholder letter is fair....but I identify it wihtout doubt as a 'survival program'. Wordings like 'turn around' are usually used for listed companies in trouble. so, of course I like the efforts of the management.....but as I said, they have to do it to survive. There is no growth in side in the moment. Just a fact - nothing else!