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Re: mikepgator post# 4162

Friday, 04/08/2005 11:08:30 AM

Friday, April 08, 2005 11:08:30 AM

Post# of 4417
What I don't understand is why management doesn't make any attempts to communicate with shareholders. OK, maybe the company doesn't have the cash to pay auditors and file a 10k but they could still file 10Q's (which are unaudited reports) and 8k's.

Wouldn't it be nice to have a simple unaudited balance sheet to review? What are our debts? What cash do we have coming in? What expenses have we paid with that cash? What shares have been issued? Have there been any related party transactions in the last 2 years? Are we delinquent on filing tax returns, and if so, how many years? Heck, how about confirming the names of the current officer(s)?

Please don't suggest that I "call the company". The last thing we all want is management frittering away their time talking to every shareholder one at a time. If they have that much time on their hands then they're either way overstaffed (for the results we've received) or they're not doing anything to increase our investment.

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