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Re: Rames post# 64021

Tuesday, 12/21/2010 8:47:19 AM

Tuesday, December 21, 2010 8:47:19 AM

Post# of 94785
Well I think Toups does encourage the release of PR news. LTUS, while not as opaque as, for example, NEP with few and far between news releases, was still not real frequent to give news releases. Toups behavior with LPH showed that when it was necessary to influence market sentiment the company will release news, whether it is a major new development or just a PR, it still helps. The reason I think Toups had something to do with it is because under LPH's former CFO Crane, the news releases did not come very often and quite often market sentiment tanked at times (for external reasons); yet IR did not seem to care. Toups may be prodding and poking RedChip for PR when he thinks it is needed. Now as far as Toups ability to manage investment money, financing, and expansion, I think LTUS is already doing just fine and Toups won't hurt.

But I am curious why the changing of the board of directors was so sweeping and not just one person at a time, anyone care to comment?
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