To refresh all and for new investors!!!
Thanks you for coming out. The event was very successful in many ways for us. Trust me I would love to be able to issue some press right now. I'm like the kid that knows what everyone is getting for Christmas.
There are things happening which I can not talk about yet. As a matter of fact they are of a scale that I can not risk any general PRs that would be talking outside of the things happening right now internally. As much as I want to offer press right now which would offer some minimal short term support. We can not risk disturbing a multi entity process which is currently on process. You know how a sales person can talk behind the sale, or in the middle of a negotiations open up a subject line which has nothing to do with a almost closed deal and ruins it. For the good of the company I can not risk making any statements about anything at this time.
If I was more concerned about a short term price movement today, that may be a non event in a few weeks, then I am with business that makes us money and takes us places we have never been, then everyone should sell their shares. If I knew of a CEO acting that way I would run the other direction.
We are in the middle of a very complex process right now. I would not take the path of not talking unless I knew the payoff was there.
I am giving everyone all I can at this time without risking affecting negotiations in process."
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Next most importantly... There is no dilution of the float. The shares increase was to pay board members and new employees of the company and they can not sell those shares for years. People will not work for free but if they believe in our company they will take restricted shares. These people, because they are insiders can not sell those shares, so even though there are more shares out there, it does not effect the trade-able float or the shares that actually can trade in the market.
We have added top sales people, marketers and hollywood insiders possible to our team and it did not cost us a dime. Instead, they took a small amount of shares which they can't sell for years. They did this instead of money because they see the growth potential in ICPA.
So bottom line the amount of tradable shares has not changed. The company's press releases state clearly that we have added top people to our team and we are two months into the 90 ramping up sales and revenue program. I did all this without spending any company cash. Why in the world could anyone be mad at me for taking these huge leaps and not going deep into debt in the process?
