Vlftraders, please let me disagree with you. Big,small, new, or old Companies have not only one priority. Shareholder value should be one of the key priorities of an Organization.
I know that it is difficult to manage expectations, I spent most of my last 20 year professional life in Planning, Decision Support, Business Transformation and Investment Optimization roles in Multinationals but we also know that, for the companies, there are many ways to reduce volatility in the stock price.
I am 100% engage with FLPC and I value a lot its leadership team and I consider myself, at this moment, a long term shareholder. But I am not 100% happy with the way the company is managing expectation/timing and how it is impacting the shareholder value.
For example, last week they posted in FB the photos with investors in NY. If photos with investors were posted that means that any kind of agreement was already signed. No investor would accept that a picture of them, based on confidentiality agreements, be posted in a FB page if not agreement was signed. I assume that the agreement is already signed, but why FLPC is not officially communicating it to the shareholders and to the financial and industry world? This is just an example of how timing in communication and dis-alignment between formal and not formal communication channels can create expectation erosion and impact in shareholder value.
Again, I am more than happy with FLPC performance and operational strategy but IMO Shareholder value should also be considered a key priority by the Company.
