Gibber - I understand the "reasons" you put forth regarding a change in management. If I understand correctly, you feel such a change will result in management that 1) proactively listens to the shareholders, and 2) has the skill set to define a strategy to "fight back" to counter the "shorting". With this change will come "a chance to to get back our investment."
If that were the only skill set needed to make the company succeed I would be in agreement with you. I have 3 issues with your position:
1)Your focus appears to be limited entirely to the "promotion" aspect of the business. Granted it is a very significant factor, but promotion, in and of itself, cannot offset the impact of naked shorting or other illegal stock manuevering techniques. Nevertheless, I am fully supportive of the suggestion management implement a better program for keeping their shareholders informed.
2) The skill set needed to make this a successful business requires a blend of talents. And the key here is what is necessary to make the company succeed. We are on the threshold of a new industry with major political and technological ramifications. That talent appears to be in place. And it does not appear to be an easy talent to replace. What drew many of us investors to this company was that unique talent that we believed could help carve out a company in a dynamic industry. So, the call for new management to address your concerns would require not only the promotion skill set to try and thwart the shorters, but also the more rare business acumen to deal with the political, organizational, and technical challenges of the industry. Failure to address the full compliment of management skill set requirements could only lead to business failure - should key personnel be replaced only to fulfill a promotion need. To this end I would hope management is open to collecting suggestions from the shareholders on how they might restructure and improve their current communication model.
3) I do not know who Eric is of Girosolar but according to the GRSR chart, that stock has fallen from $3.50 as of Mar 13,06 to where it currently stands today at .09 cents. While I always think it advisable to seek the opinions of industry experts, in this case, it might be more relevant to find someone who has successfully countered a precipitous stock price slide and attack. That does not seem to be the case with Girosolar - who seems to be having significant problems with their own stock.
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