At a minimum,
1) Mgt. should inform the investing public (MLXO is a public company, isn't it?) what their short-, intermediate- and long-range plans/goals are. This information should be posted on the websites and Michelex and PPC should have different plans/strategies.
2) Mgt.should inform the investing public how they plan to achieve those goals.
3) Mgt. should provide periodic updates regarding the progress that is being made in regards to achieving their stated goals. If things are going great, let us know. If things are not going as planned, it is even more important to let us know and inform us why and what they plan to do about it.
4) Mgt. needs to make sure that there is a process in place that makes it easy for shareholders and potential investors to receive information and for shareholders and potential investors to communicate with the company.
4) Ultimately, mgt. needs to have a transparent company that provides regular financial updates and submission of all appropriate forms to the SEC when due and an un-gagged TA.
PS...When I say 'inform the investing public', I mean publicly inform everyone via website updates and/or PR's (PR's to be used for 'news' regarding contracts/acquisitions/changes to share structure, etc.). Communicating with a few investors via phone or email is NOT 'Informing the investing public' .
