Friday, August 19, 2011 10:33:56 PM
Transparency, accountability investor confidence all have been bludgeoned by a CEO who just doesn't care. Hence the CAVEAT EMPTOR designation.
If you like perpetually broken deadlines, promises which never pan out and contracts that never materialize boy have I got a deal for you! Bad trading years is closer to the truth. All self inflicted but why no one can verify.
IMO Tent could fold at any time if this unworkable strategy remains implemented. I don't see any adequate reason management insists on this proven unsatisfactory approach but that in a nutshell is the impasse.
Complete and absolute lack of credibility magnified by past and present disappointments coupled with ardent resistance to clarity,transparency or shareholders suggestions. Welcome to the Identa Secret Service where fiduciary duty is an after thought and ROI is an 8 year and counting work in progress...
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