RePost from RB by Dr Crovatt--
Response from Doug on email I sent
Dear Dr. Crovatt,
I have been inundated with the same Q's ...reverse split! NO! We have not
discussed it and I personally do not see any need for it at this time,
however, sometimes it is a great idea...but again we have not discussed
it...we will get to the next board without it! Pls help stop this silly
rumor...
With respect to IBP they DO NOT HAVE CONTRACTS WITH SUPPLIERS...we
shipped
and have shipped to IBP from our herds many times without contracts THEY
JUST DON'T DO THAT ...they send out their buyers just like everyone else in
the industry and pick the pigs they want. Then they are sent to collection
stations for pick up by the packer who ever they may be...yes we have
shipped to numerous packers lately as pigs do have a tendency to grow and so
they are shipped....I am not going to update the shareholders every time we
ship it is not possible. As for contracts there is no ruling right now that
indicates that we should put out any PRs with reference to contracts. When
we deem it necessary you will be informed. Are we working on the business to
grow it with deals ...yes...we always are , alliances , packing, Tender
Prime, ET's, semen sales etc. much is happening, however , at this time we
have put a great deal of information and will continue to do so as we see
the need arises. Some opportunities take time when you are working with
third parties, all parties must agree on when is the best time to release
news...in the interest of the shareholders and our company some progress may
not be mentioned right away due to the fact the information may be of a
sensitive nature and you do not want the competition to step in and take a
portion of the market segment we are after. So timing is of great
importance....I believe you can understand this.
Also anything we put out must be verified and accurate. So this of course
takes time.
Dr. Crovatt, I appreciate everything you do to help educate the investors
and potential investors and I have only heard or seen excellent work done by
you and your teammates. What I have noticed, however, is that when you or
others who try to help the Company, there are those individuals (just a few)
who jump right in with negative or comments such as this R/S stuff that
takes away from us the ability to proceed and complete our projects. The
whole team here is affected by e-mails, calls, faxes etc. mostly due to
false misleading information....i.e...R/S.
I hope you understand I am grateful for your work and all team members who
pull together to help build STRU...it just saddens me that my open door
policy gets abused by a few folks who have scared folks into believing we
are not doing things in best interest of their Company.
I thank you for taking your time reading my e-mail..and since it is 7:30pm
and I have 3 more hours of work to do before leaving to night...I will say
have a great weekend and I look forward to next week when I can speak with
the shareholders again.
Enjoy!
With great respect,
Douglas
Cheers
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
