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leporello

12/01/10 6:53 PM

#15701 RE: Spumoni #15700

This would be an appropriate time for the CEO to publicly address the issue of the share price.
I bet that if we'd had a pool on the sp not one person would have imagined that we'd be stuck around 20 cents after obtaining a 10M LOC and obtaining such good log kill results in preliminary testing.
Right now we don't seem to have a strategy for attracting new investors....and isn't this one of the jobs we expected the Eversull group to do?
I also think it's not a good idea to speculate when we'll be "in dollars". Right now a sp of $1.00 seems like a very distant goal. Everybody who's made their projections about the sp has egg on their face right now.
Final note: if management is feeding speculations about future developments to certain shareholders as a way of communicating with the board that practice should be replaced by written updates on the company's website.