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Re: Orangeman3 post# 5979

Saturday, 11/26/2005 1:13:53 AM

Saturday, November 26, 2005 1:13:53 AM

Post# of 36804
No the reality is I was talking about all the way till a month or so ago. CEO's have more to do then issuing all the required SEC filings to inform investors of what their companies are doing. In the case of CDEX the CEO had routinely updated the CEO message on the corporate website prior to filing with the SEC, it hasn't been updated in nearly two years since.

Most reporting companies make at least a few presentation a year, even if they must pay to be a presenter, those presentations are typically webcast. No CDEX presentations were webcast.

My point is no active investors relations had been undertaken by the company in roughly two years. Recent actions seem to prove they were working in investors best interest, but I still believe a CEO has a fiduciary responsibility to do what's best for investors, and I don't believe it can be done with no communications between investors and the company outside of the mandated SEC filings.

Gary