The letter gives the company direction. I'm sure the intent was to update current shareholders (and potential new shareholders) about what has happened over the past year or so. The company is in the midst of a transformation and re-branding phase. They also plan on revamping the website (new info). A lot of the information is not new, however it is a condensed version of the events that have taken place over the past year. Currently shares are trading at approximately 30% discount than what an insider bought at. GLTA