Look, this might be a naive suggestion but: is there any way we can collectively approach the whole management team, short of a class-action, where we can address them in a constructive manner and get them to understand they can and ought to represent us better, to convince them to start paying off the debt now, to find better institutional investors than DMRJ and to get the share-price moving north? Obviously they don't like to be put under pressure during conference calls when DMRJ is listening in. But bottom line is, that there are so many here over the past 6 months who have been affected by this intransigent management approach, and it is absolutely crazy that after 870 unit sales since April in Europe, plus TSA plus other sales, that we cannot budge from the 65-80 cent range - a range representing a 60% reduction from the high of 1.80. It’s not just completely disheartening but it seems almost corrupt that they are allowing manipulation of the stock price like it has been for the past year.
What about if someone drafts a letter which we then all send to management simultaneously? It has to be a well-planned, non-confrontational presentation of why we feel we are not being represented and suggestions for other and real alternatives to fixing things. Though I have been invested in this company for 4 years, I am not the person to write such a letter because my technical understanding of options/warrants and other financial lingo and solutions doesn’t suffice, but for example, Mas, you seem to have a pretty clear sense of reasoning, could you perhaps? Draft something, then put it on the chatboard, we collectively suggest amendments and then when finally finished, we each send it en masse to management under our own names/emails.
Since we don’t believe the Board of IMSC is doing a good job and we have many valid opinions expressed on the wall here, the next best thing we can collectively do is put our heads together and create an alternative guidance plan for them as a team of investors. It shows them that we are serious in addressing this problem. And I think Glenn Bolduc should be involved somehow, if anyone has his details. He is obviously not on this forum, but maybe we can somehow locate him and send the final draft to him to get his opinion? Why? Well, I know that he wasn’t popular amongst all here, but he had the balls to show up at the last call in person and put the management a little in their place on certain details, which signifies that he probably still holds an interest in the share price and believes, like us, that something is not quite as it seems and that it should be much higher by now. C'mon, let's seriously tackle this issue constructively to management.
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