The explanation should have accompanied the quarterly. Who is advising this guy? He really is a disgrace as the CEO of a public company. The only thing that surprises me at this point is that people continue to defend him. I don't think he's done anything illegal that warrants getting the SEC involved, but if publicly calling him out on twitter gets him to treat shareholders a little better than I'm all for it.
Seems he has no motivation to do so. IMO he runs this more like a family business with him and his wife/son owning shares and giving loans to the company. That's a good thing and also a bad thing. Good thing in that he has some more stake in this other than being a CEO, bad thing in that he doesn't feel the need to keep investors informed necessarily and runs this like a small business owner would in that sense...that's why you see to scant communications...no time for that type of stuff in small business owner terms
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