IMHO, mgt. doesn't care one whit about retail shareholders. Why do I say that?
1) They claim, via back-channel, that they already have a $20M LOC, yet they cannot afford to keep a phone line open, thus forcing investors to track them down in order find out what is happening.
2) They announce contracts and potential acquisitions yet never deem it worth their while to keep investors informed of what is happening.
3) They are sitting, supposedly, on a $20M LOC, yet they cannot afford to hire someone (probably at less than $30K) or subcontract with someone to answer the phone (oh right, you don't need someone to answer the phone if you don't have a working phone!), respond to emails or post updates on the company website.
Their actions have shown how much they value or appreciate their shareholders. They may know how to produce generic drugs, but they surely do not know how to treat the investing public of a public company. Given how they have treated investors up to this point, why would anyone think they will treat investors any different going forward? Actions speak louder than words, and given that they don't even bother to publicly communicate with investors, all we have is their actions, actions that show a complete and utter disregard for shareholders.
AI
