You're right to a certain extent. And disclosure of information is the purpose of filing a registration statement with the SEC. You want the information, which is reasonable, but you don't have any idea as to the process it takes to compile the information and file it with the SEC so you repeatedly slam us notwithstanding our work to give you exactly what you want.
I have raised a lot of capital over the years and in dealing with experienced investors I have found that the single most important criteria they use in investing is their confidenence with respect to management and its ability to execute its plans.
If you do your diligence you will see that we have a track record of making deals and completing complex filings, such as the EFSEC filing that I referenced in my last post. Based on that I think it is reasonable to conclude that management has the capability to do what it has said it will do. You are entitled to disagree, but if you disagree and you don't trust management then I don't understand why you are invested in the first place. Hopefully our future actions will make you feel better, but good things take time and patience.
Lastly, to the extent that our IR person has received inquiries from investors I have been very clear in instructing him that we did not feel it was appropriate to put a time line on this type of process because it is a dynamic process with regulatory and other hurdles that are beyond our control. Keep in mind that we are compiling in excess of three years worth of data.
By the way, we will be updating our web site with more information on New Bedford that we were unable to disclose previously in the near future so people should be able to have a better understanding of that project, which I think is really exciting and brings us some excellent business partners.
