News Focus
News Focus
icon url

corson

03/10/11 5:45 PM

#25835 RE: seventeen #25834

Playfullyhappy you are correct. There has been a known and defined problem within the business community and development world. Going from start up developing products and then operating a business concern is very different and requires different expertise and credentials. Again Wall Street Investment Bankers and Warren Buffet expressed they would rather invest in "A" management with "B" product rather than invest in "A" product with "B" management.
I have been there and understand it from past experience. Now the point I made with someone else driving the bus is now very important as a perception of the company having "A" person in place to control announcements understanding the effects on the market, MMs and Investors. If a 5 year plan is in place to go from development stage to funding the operational stage, he has not presented a consistent direction and the PPS is a result thereof.
The company is on a great path built by very compentent, experienced directors, but it has lost confidence in the managing of corporate affairs.
iwantmoremoney: IMO the change today really should not have a major concern. He announced and made public his plans and the statement on Platforms to come. The details are not important at this time it is the problem now with people here who have lost "Confidence" and as I said question and challenge.
icon url

corson

03/10/11 6:02 PM

#25837 RE: seventeen #25834

I also feel there is a direction and clear path in the direction and plans for the technology and developments. The difference is in managment and direction of the corporation through the public arena. Management of a revenue based business and operating on a budget is much different than developing and creating technoloyg from selling shares.
A creative, designing, innovator is one part of the business and most important. However, it will complex to take a back seat to managing, marketing and public relations which are some of the other areas. I know from experience and can not convey but tried to express to Troy he consider this to be problematic with what is known as the "growing pains".