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Re: chile2 post# 41264

Thursday, 03/01/2012 1:47:26 PM

Thursday, March 01, 2012 1:47:26 PM

Post# of 112299
Exactly, Chile -- The Company's fiduciary duty is to its shareholders, not to its lawyers. The officers tell the lawyers what they want to do and the lawyers inform the officers of the legal implications. They lawyers don't run the business. They advise from the standpoint of what the law allows and requires. There is no law prohibiting the Company from releasing information about operations, as long as they deal in facts, not wild speculation. After so many months of maintaining silence, the officers may want to release some information before the share price further erodes. Were talking strategy, and strategy includes keeping shareholders informed. What once was considered to be in the company's interest may no longer be so. Managerial decisions are fluid, not written in stone.