I am not saying that MLXO mgt. is treating us like mushrooms (i.e., keeping us in the dark and feeding us, ahem, manure), as I'm not sure about the manure part, but it still feels the same. IMHO, most investors do not like to invest their money with companies who seem to have utter disregard for their investors.
Hopefully, MLXO will learn from their mistake (the mistake being their decision that IR was unimportant) and rectify the problem going forward.
Also, I don't agree with the notion that IR is too expensive or that it takes too much time. All they had to do was provide information to investors via their website and hire a flunky to answer phones (of course, that requires a working phone) and reply to emails. Saleem/Kakani could just write the reply for various questions and then have the flunky send them out. In fact, it would be much easier for Saleem/Kakani to have someone doing that rather than having to answer emails (when they feel like it) and take calls directly from investors.
