Let's think about this for a minute:
Shareholders have been demanding things from Eric over the last 3 years I have been here. Some of these demands have merit at some point in time during the company's growth cycle, but increased pressure lead Eric to doing some of these things earlier than he would have liked IMO. Let's take a look at a few of the shareholder demands that Eric yeilded too, and the impact on the stock was detrimental. There are many that could be listed, but I'm just going to throw out a few.
Eric had mentioned he would begin filing when he felt the company was ready too do so, and moving forward. Shareholders began demanding he file financials immediatly. Eric followed shareholders wishes, and the stock has suffered ever since. As everyone knows that stocks move largely based on speculation, and the filings removed that aspect of the stock. If he had waited longer, and continue to focus his efforts and resources on growth instead of shareholder demands, it's possible the financials would have had a different impact on the share price.
Next would could move on to the demands of moving to a higher tier on the pink sheets market. The company once again spent valuable time and resources on this effort. Once again, because of poor decision making, and delays in getting approval the share price took a hit.
Then the demamds for awareness of the stock. I wouldn't say the hiring of an IR firm was a bad decision, but the effects it had on the stock were negligable, and it coust the company around 15k per quarter.
Now with this said I understand there are many other things which have impacted the stock, but my point is.... Let the man run the company, and we need to stop distracting him with these other ideas that may not prove fruitful.
