News Focus
News Focus
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oneinamillion

11/11/10 10:44 AM

#47185 RE: ken754 #47181

I think we just wanted a date or timeframe. Really did not have to be a pr could have thrown it into the shareholder email updates. The lack of promo is frustrating though but I understand that you don't do that during mergers and acquisitions-which the process has been going on since June/July. Will be interesting if he starts again after the acquisition is completed. There is alot to promote especially with a completed deal.
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neophyte184

11/11/10 1:40 PM

#47225 RE: ken754 #47181

Although I agree with that to some extent, he runs the show and makes the decision as to when to issue news....

I am surprised that he wouldn't see that issuing a PR like that would not offer any reassurance to shareholders, especially given that the email we had for the past week or so basically gave us the same information aside from that 18mm figure for revs.

SO much of the PR action in the pinks relies on trader psychology, and having built up our expectations with that email and following it with that PR was not sound psychological consideration.

One can only hope he adds details of the acquisition in subsequent PR's over the next few weeks.