You have to remember this, Michelex has been in business since 1972, the have been a family owned and operated business since it's inception. They just recently went public less than 2 years ago. So they have been a privately run corporation for over 30 years and they have not been in the routine of putting out PR's for shareholders on a publicly traded market, in fact they do not seem to be very experienced in this arena, judging by the decisions they have made in the last year. They were going to become a BDC (Business Development Company) last fall, probably on the advice of the same idiot Investment Banker that hooked them up with Cornell. Then in Dec. they probably realized the downfall they would have in investor interest if they became a BDC, which can dilute without notice, smart investors steer clear of most BDC's, so they retracted on the BDC venture. I think the management of MLXO has learned some valuable lessons recently and now have some REAL CONSULTANTS giving advice and will turn this around. This is still somewhat of a high risk stock, but if they turn this around and get the price back to a fair valuation this one can be very rewarding which is what I believe and have placed a substantial bet on MLXO.
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